1954

VICTORIA

THE STATE SAVINGS BANK OF VICTORIA

<.-

REPORTS, STATEMENTS, RETURNS, ETC., FOR THE YEAR ENDED 30TH JUNE, 1954

PRESR..~TED TO BOTH HOUSES OF PARLIAMENT PURSUANT TO ACT 19 GEO. V. No. 3777, SECTION 123.

[Appr<n:imate Cost of llepm1.-Proparation, not given. Printing (1,100 ropi~s), £19U.

~}! c?-utharitp : W, M. HOUSTON, GOVERNMENT PRINTER, MELBOURNL

No. 14.-PBICE 2s.-8764j54

1954

THE STATE SAVINGS BANK OF VICTORIA ESTABLISHED 1841.

(Guaranteed by the Government of Victoria.) Head Office: 139-153 Elizabeth-street, Melbourne, C.l.

TOTAL ASSETS OF THE BANK.

Savings Bank Department Credit Fancier Department

£ 259,554,258 21,218,923

. 280,773,181

ANNUAL REPORT FOR YEAR ENDED 30TH JUNE, . 1954, WITH THE ACCOUNTS AND STATEMENTS REQUIRED BY SECTION 123

OF ACT No. 3777.

The Commissioners of The State Savings Bank of Victoria have pleasure in presenting the Bank's One Hundred and Thirteenth Annual Report.

For Convenience of reference, the Report is divided into three parts:­Part I.-Savings Bank Department, Paragraphs 1 to 15. Part 2.-Credit Fancier Department, paragraphs 16 to 23. Part 3.-General, paragraphs 24 to 30.

PART i.-SAVINGS BANK DEPARTMENT. l. The Amount at Credit of Depositors on 30th June, 1954, was £245,606,909, an

increase of £10,773,222 for the year.

The amount of depositors' balances and the number of accounts (see paragraph 2) are the highest yet recorded.

Depositors' balances at 30th June, 1953 Deposits received during year Interest added to accounts

Amount withdrawn during year

Increase during year

Depositors' balances at 30th .June, 1954

£ £ 234,833,687

189,832,135 4,408,877

194,241,012 183,467,790

10,773,222

245,606,909

Depositors' balances include the amount invested by them in deposit stock amounting to £732,900. (A depositor, in addition to having a pass-book account, may invest in deposit stock in multiples of £10 up to a maximum of £1,000. This stock, which earns interest at the rate of ll per cent. per annum, may be withdrawn on giving notice varying from one week for £10 to six months for £1,000. In the event of the death of a registered proprietor, his holding is payable at not more than one month's notice.)

1954 4

Disregarding 585,108 inoperative accounts under £1, the average amount at credit of depositors was £161 5s. 4d., compared with £156 Os. 7d. on 30th June, 1953.

2. Depositors' Accounts--­Number at 30th June, 1953 Accounts opened during year Accounts closed during year

Increase in number of accounts

Number at 30th June, 1954

181,621 156,628

2,073,224

24,993

2,098,217 (Excluding accounts of depositors m school hanks-see paragraph 9.)

3. The Progress of the Bank since its opening on 1st January, 1842, is reflected in the statements presented with this Report, and in the following summary

Date.

31st December, 1842 30th June, 1874 30th June, 1894 30th June, 1914 30th June, 1934 30th June, 1954

Branches.

1 11 37

123 213 237

Agencie~.

322 373 461

Number of Depositors Amount at Credit (uot including (including School Banka). School Banks).

£

230 4,227 26,214 980,211

204,923 3,891,350 705,029 23,381,696

1,297,834 61,610,147 2,098,217 245,606,909

At the principal metropolitan branch in Elizabeth-street, Melbourne, the balances at credit of 231,814 depositors totalled £22,718,588. At fourteen other branches, the total of depositors' balances exceeded £2,000,000 :-

Geelong 45 Swanston-street, Melbourne Ballarat Bendigo Footscray Coburg Brunswick Moonee Ponds Prahran 185 Swanston-street, Melbourne Oakleigh Hamilton Dandenong Moreland ·

£ 6,719,994 5,399,312 5,170,793 4,517,106 4,331,424 2,910,908 2,793,605 2,733,198 2,600,246 2,444,105 2,355,729 2,341,139 2,291,322 2,206,452

At each of 64 other branches, the total of depositors' balances exceeded £1,000,000.

Branches were opened at Coburg \Vest on 4th January last, at Rosebud on 4th February last and at Thornbury West on 24th March last.

Agencies were established at­Aspendale Bennettswood Blackburn South Brighton (760 Hampton-street) Caulfield South (Bambra-road) Clayton North Heathmont Highett West Holmesglen Kilsyth

The Agencies at Box Hill South Preston South and Rosebud were closed.

McKinnon East Mentone (174 Nepean Highway) Mt. Waverley Ormond East Pascoe Vale North Powelltown St. Albans Syndal Wendouree

(Birdwood-street), Coburg \Vest (Bell-street),

5

4. Investment of Funds at 30th June, 1954 :-­Cash on hand and deposits with other banks .. Commonwealth Government Inscribed Stock and Commonwealth

Treasmy Bills Debentures and Stock of municipal and other public authorities Credit Foncier Debentures Mortgage loans, &c. Bank premises

1954

£ 47,545,713

121,723,063 56,910,663 18,599,443 13,775,376 1,000,000

259,554,258

5. Loans to Municipalities and other Public Authorities.-On the prescribed securities, loans, repayable over periods not exceeding ten years, were granted to finance permanent works and undertakings. During the year, £5,434,500 was invested in these securities and, at 30th June, 1954, the amount so invested, with accrued interest, was £56,910,663.

6. Loans on Mortgage to Individuals, Companies, and Organizations.-On the security of a first mortgage over freehold land in Victoria, loans, for amounts not exceeding three-fifths of the Bank's valuation of a farm property, and two-thirds of its valuation of other acceptable properties, are granted and renewed for a maximum period of three years. Loans are also granted to Victorian Co-operative Housing Societies, in the form ef overdrafts, upon the secmity of a first mortgage over the whole of a society's undertaking and assets and a guarantee of repayment from the Government of Victoria. Since May, 1946, the Bank has agreed to provide 81 societies \vith overdraft accommodation up to a maximum of £15,709,000.

During the year, the amount advanced to borrowers, other than Co-operative Housing Societies, was £313,520, and the indebtedness of Housing Societies was increased by £1,805,366.

At 30th June, 1954, the balance of principal secured by mortgages was £13,755,489 (£4,480,839 by 1,760 individual, &c., borrowers and £9,274.650 by 81 Housing Societies).

The granting of these loans has been practically discontinued, as it was considered preferable to invest available funds in debentures issued by the Credit Foncier Department so that the important service rendered to the community by that Department, in assisting residents of Victoria to acquire homes and farms, would not have to be unduly restricted. ·

The rate of int~erest charged on new advances and on overdrafts during the year was 4! per cent. per annum.

7. Bank Premises.-During the year, the following properties were purchased:--­

For Sites for Bra·nches-Vacaut land-Altona, 1\lcKinnon, 1\loorahbin, Surrey Hills North (adjoining

existing site), and Hye. Land and buildings--H.osebud and Sale.

For Staff Dwellings-Land and buildings-Bairnsdale and W arracknabeal.

An amount of £68,972 was written off Bank premises which consists of 305 properties and is shown in the balance-sheet at £1,000,000.

8. Encouragement of Thrift.-National Savings Groups and Employees Savings Groups, as well as other Savings Groups, are established in factories and business organizations to encourage employees to bank portion of their wages and salaries.

(a) National Savings Groups are administered by the employers who deduct · from an employee's wages on each pay day the amount he has authorized.

The employer deposits the aggregate deductions at a convenient branch of the Bank for credit of the Group account and at the end of each quarter the Bank transfers the total amount received on behalf of each member to the member's ordinary Savings Bank account. The stationery to record the transactions is supplied by the Bank. At 30th June, 1954, 920 Groups with 24,986 members had accounts at this Bank, compared with 914 Groups with 23,582 members at 30th June, 1953. The aggregate amount deposited to the credit of these

1954 6

accounts during the year was £2,098,822, compared with £1,940,460 during the previous year. Since February, 1949, when these Groups were instituted, the average individual deposit has increased from 17s. 8d. to £2 1s. 7d.

(b) Employees Savings Groups are controlled by the contributing employees who elect a secretary, treasurer, and trustee. These officers are responsible for banking, in Group accounts, the total amount paid to them by members. Periodically, usually once a year, the Group refunds with interest the total amount saved by each member. The necessary books and stationery to record the transactions are supplied by the Bank. At 30th June, 1954, 740 Groups had accounts at this Bank, compared with 621 Groups at 30th June, 1953. The amount deposited to the credit of these accounts during the year was £839,247, compared with £699,771 during the previous year.

(c) Other types of Savings Groups sponsored by the Bank such as Thrift and Christmas Clubs, Definite Purpose and Staff Savings Accounts, &c., numbered 642 at 30th June, 1954, compared with 687 accounts at 30th June, 1953. The aggregate amount deposited to the credit of these accounts during the year was £334,347, compared with £343,681 during the previous year.

During the year, 8,155,750 pay envelopes conveying thrift messages were supplied to 2,187 factories, firms, &c., and 132,404 safety money boxes were sold.

9. School Banks were conducted at schools throughout the State and, at 30th June, 1954, 341,313 scholars were depositors with £1,487,088 at their credit-an average of £4 7s. 1d. each---compared with 320,985 scholars with £1,300,947 at their credit---an average of £4 1s. 1d. each~at 30th June, 1953.

The total of depositors' balances exceeded £2,000 at each of 233 schools, and exceeded £1,000 at each of 202 others.

10. Banking by Post.-Depositors, residing in sparsely populated parts of the State some distance from a branch or agency, may deposit or withdraw money through the post free of cost, postage stamps and stationery being provided by the Bank. At 30th June, 1954, 766 depositors were availing themselves of this system.

11. The Safe Deposit Department holds, on behalf of depositors and free of charge, bonds or debentures issued or guaranteed by the Commonwealth Government or Victorian Government, and war savings and savings certificates. Interest and principal are collected when due and credited to depositors' accounts. The following figures, showing the holdings at 30th June, 1954, indicate the extent to which this service was availed of by depositors:--

Bonds, &c.

Commonwealth Government Treasury Bonds

War Savings and Savings Certificates ..

Debentures ..

Number of Depositors' Holdings.

284,800

69,869

2,727

357,396

Face Value.

£ 44,889,170

2,261,963

1,105,750

48,256,883

Parcels and boxes containing deeds, &c., for which a small annual custody fee is charged, are also held for 22,638 depositors.

12. The Insurance Trust Fund Account.-In 1920, the Bank was authorized to establish this Trust Fund in which to insure, against damage by fire or any other prescribed cause, any building or other property owned or held as security by the Bank. At 30th June, 1954, there were 19,032 current policies providing an aggregate insurance cover of £41,286,908. The premium income for the year was £67,934 and interest from investments was £10,611. Claims paid and admitted amounted to £15,894, and expenses (including contributions to Fire Brigades Boards) were £32,538. An amount of £125,000 was transferred to the General Reserve of the Savings Bank Department on 30th June, 1954, leaving a balance of £336,889 at credit of the Account.

7 1954

13. Interest on Depositors' Accounts.-The rates of interest paid during the year on current accounts and on deposit stock were as follows :-

Accounts of depositors other than friendly societies, charitable societies, trade unions, &c.-

1st July, 1953, to 31st May, 1954

1st June, 1954, to 30th June, 1954

2± per cent. per annum on sums from £1 to £500

1± per cent. per annum on the excess to £1,000.

2± per cent. per annum on sums from £1 to £500

1± per cent. per annum on l the excess to £1,500

Accounts of friendly societies, charitable societies, trade unions, &c.-

.From 1st July, 1953 .. {

2!. per cent. per annum on . . sums from £1 to £2,000

1± per cent. per annum on l the excess without limit

Deposit stock accounts on sums from £10 to £1,000-~ From 1st July, 1953 . . It per cent. per annum.

14. The Net Profit for the year was £375,194. The balance of Profit and Lo~:~s Account, including the amount brought forward from last year, was £545,909, from which £419,499 was transferred to General Ueserve and £126,410 was carried forward to next year.

15. Reserve Funds, at 30th June, 1954 (after transferring £379,499 to the Provident Fund in terms of Rule 4 of General Order No. 44) totalled £9,850,000, comprising General Reserve £8,000,000 and Ueserves for Interest Fluctuation, Depreciation, and Contingencies £1,850,000.

PART 2.--CREDIT FONCIER DEPARTMENT. 16. The Credit Foncier Department was established in 1896, under Act No. 1481,

for the purpose of granting long- term loans to assist persons employed in agricultural, horticultural, viticultural, or pastoral pursuits. In 1910, under Act No. 2280, the authority to make advances was extended to include loans for the purchase or the erection of dwellings and shops, and in 1920 was again extended, under Act No. 3088, to include advances to persons of small means enabling them to purchase from the Bank homes erected or acquired by the Bank. Acts No. 3098 in 1920 and No. 3145 in 1921 authorized the Bank to make ttdvances to country industries on the security of first mortgage over land, buildings, machinery, and uncalled capital.

17. Funds for the Purpose of Making Advances are obtained from the flotation of Credit Foncier debenture loans and from repayments made by borrowers. During the year, debentures securing the sum of £4,250,000 were issued to the Savings. Bank Department. The liability in respect of debenture loans at 30th June, 1954, totalled £18,500,000.

18. Advances made during the year amounted to £6,213,215, compared with £6,832,151 in the previous year. They were granted on the following basis:~

(a) Ored~t F oncier Loans-Farms-Up to two-thirds of the Bank's valuation with a maximum

of £2,000 to purchase, pay off liabilities on, improve, or develop, to purchase stock or implements or to carry on.

Dwellings and Shops-Up to three-fourths of the Bank's valuation with a maximum of £2,000 to erect, purchase, pay off liabilities on or effect improvements or repairs.

In consequence of the heavy volume of applications, it was necessary to maintain the restrictions as to purposes which had been imposed during the previous year. Applications for loans to pay liabilities were considered only when the debt was incurred to finance the erection on the proposed security of a dwelling, or shop and dwelling, which had been completed within twelve months of the date of the application, and applications in respect of timber-framed houses (other than brick veneer dwellings) over 30 years old were not acceptable.

1954 8

(b) Credit F oncier Housing Advances-

Up to nine-tenths of the Bank's valuation (with a maximum of £2,000 for a brick house or £1,800 for a wooden house) tD erect, or to enable existing borrowers and purchasers to pay prior charges, make improvements or effect essential repairs.

During the year the erection of 78 houses was completed under the supervision of the Bank; at 30th June, 1954, 104 houses were under construction.

19. Repayments of Principal made during the year amounted to £1,912,684 compared with £1,409,837 in the previous year.

20. Rate of Interest.-~The rate of interest charged on new advances during the year was 4t per cent. per annum.

21. Various Classes of Loans.-The following statement shows, under each class of loan, the total sums advanced and repaid from the commencement of Credit Foncier loans in 1897 to 30th June, 1954, the number of current loans and the balance of principal:-

Class of Loan. Commenced Advanced. I

Repaid. Number of Balance of (Year). Current Loans. Principal.

£ I £ £

Farms . . .. . . 1897 12,546,811 11,884,488 842 662,323 Dwellings and Shops .. .. 1911 52,725,050 34,108,883 15,687 18,616,167 Housing . . .. . . 1921 9,839,821 9,115,650 2,073 724,171 Country Industries .. . . 1922 192,109 188,939 2 3,170

I •

I 75,303,791 I 55,297,960 18,604 *20,005,831

i I • Towards the repayment of this amount, borrowers have lodged to their credit, in advance, £563,044, which earns interest at the r&te paid

on their loan accounts.

22. The Net Profit for the Year was £85,486, compared with £55,423 for the previous year. As required by the Act, the profit was transferred to the General Reserve.

23. Reserve Funds at 30th June, 1954, totalled £1,945,918, comprising General Reserve £1,720,918 and Reserves for Depreciation and Contingencies £225,000.

PART 3.-GENERAL. 24. Child Endowment.-At the request of the Commonwealth Government, the

Bank assists in the distribution of child endo\\-ment payments. At 30th June, 1954, 128,356 endowees were having the amount due to them credited to accounts at intervals of twelve weeks. The amount distributed during the year was £4,083,526.

25. Facilities for Members of the Defence Forces.-At 30th June, 1954, 2,259 service personnel were allotting portion of their fortnightly pay to the credit of their Bank accounts, and during the year £758,930 was received from this source.

A Receiving Office at Puckapunyal Military Camp, attached to Seymour Branch, provided facilities which were freely used.

26. Commonwealth Loans.~The public has always been afforded full facilities to subscribe to Commonwealth loans and, during the year, the Bank received 6,166 applications for £3,172,640 (6,120 cash applications for £3,112,640 and 46 conversion applications for £60,000).

27. The Board of Commissioners.-It is with a sense of profound sorrow that we report the death, on 15th May, 19?4, of Lieute~ant-.G~neral Sir Stanl~y G. Savige, K.B.E., C.B., D.S.O., M.C., E.D. S1r Stanley Sav1ge JOmed the Board m July, 1951, and was appointed Chairman on 21st January, 1954. We record our deep sense of personal loss in that his wise counsel and leadership will no longer be available in our deliberations.

Mr. R. G. Hoban, LL.B., was re-appointed a Deputy Commissioner, on this occasion in the place of Mr. Jno. Kean who has been granted leave of absence until lOth December, 1904.

Mr. R. D. Williams, Dip.Com., was elected Deputy Chairman on 4th February, 1954.

1954

28. By direction of the Commissioners, the General Manager (Mr. N. R. Williams, O.B.E., B.Com.) left on 29th March last to visit and report on the activities of Savings Banks and kindred institutions overseas.

29. Staff.-The members of the staff are deserving of commendation for the manner in which they have maintained the Bank's traditional standard of service to its depositors.

30. Balance-sheets and Profit and Loss Accounts of the Savings Bank and Credit Foncier Departments, with various statements, including those required by Act No. 3777, will be found on the succeeding pages.

REES. D. WILLIAMSl

A. E. HOCKING I r Commissioners. W. L. MOSS Jl R. G. HOBAN

H. E. WILLIA..l\iS, Acting General Manager. 19th August, 1954.

1954

Depositors' Balances­Current Accounts School Bank Accounts

LIABILITIES.

Victorian Savings Bank Deposit Stock Accounts

Provision for Accrued Interest on Depositors' Balances

10

Balance due for Agents' Salaries, and School Bank Commission Sundry Amounts held in trust Fidelity Guarantee Fund Officers' Trust and Provident Funds Insurance Trust Fund Account Reserves for Interest Fluctuation, Depreciation, and Contingencies General Reserve Profit and Loss Account

Dr.

To Interest credited to Depositors­Current Accounts Victorian Savings Bank Deposit Stock Aceounts

Provision for accrued interest on Depositors' Balances Interest credited to Fidelity Guarantee Fund Interest credited to Officers' Trust and Provident Funds Expenses of Management Expenditure on Bank Premises for Maintenance, Painting, Re11airs, &c. Writing down Bank Premises Transfer to Officers' Provident Fund under General Order No. 43 Transfer to General Reserve Balance-

Forward from last year Profit for year

Less-Transfer to General Reserve

Irorward to next year

Melbourne, 19th August, 1954. H. E. WILLIAMS,

Acting General Manager.

TI:IE STATE SAVINGS

SAVINGS BANK

BALANCE-SHEET

£

i 243,386,921 . 1,487,088

732,900

£

·------ 245,606,909 394,199 49,226 34,426 10,000

3,146,199 336,889

1,850,000 8,000,000

126,410

259,554,258

PRO.FlT AND LOSS _-\CCOUNT I•'OR

£

4,043,!)66 I

6,468 .

£

4,050,434 394,199

500 128,874

2,189,196 112,003 68,972 5,782

419,499

126,410

7,495,869

We, the undersigned Auditors, appointed under Section 20 (l) of Act No. 3777, report that we have examined whole of the assets, and that the above Balance-sheet is, in our opinion, a correct statement of their accounts, and

The Balance-sheets from the Branches have been accepted on the signatures of the respective Managers.

Melbourne, llth August, 1954.

We, the undersigned Auditors, appointed by the Governor in Council under Section 124 (2) of Act No. Commissioners of the State Savings Bank of Victoria. \Ve have satisfied ourseves as to the exist-ence of the assets

Melbourne, 11th August, 1954.

11 1954

BANK OF VICTORIA. DEPARTMENT.

30TII JUNE, 1954.

ASSETS. £

accrued Interest, and other liquid assets .. Cash on hand and at Bankers, Bank Fixed Deposits with

Australian Consolidated and Commonwealth Inscribed Stock

47,545,713

(Face Value, £28,144,980) Accrued Interest ..

Australian Consolidated and Commonwealth Inscribed Stock Value, £92,682,320)

Accrued Interest ..

Credit Foncier Debentures (Face Value, £18,500,000) Accrued Interest ..

Municipal and other Public Authorities Debentures and Stock Accrued Interest ..

Mortgage Securities .. Interest after provision

Bank Premises

~~~~~~-·······-·--------... ~-

THE YEAR ENDED 30TH JUNE, 1954.

By Balance from last year

for the State of Victoria .. .. .. .. .. . .

and Treasury Bills (Face .. .. . . .. .. . . .. .. .. .. .. . .

(Face Value, £56,263,859) .. .. . . .. .. .. .. .. .. .. . . ..

£ 28,144,980

252,379 28,397,359

92,637,476 688,228

93,325,704 18,500,000

99,443 18,599,443

56,251,583 659,080

56,910,663 13,755,489

19,887 13,775,376

.. . . 1,000,000

259,554,258

£

170,715

Gross Income for year, after provision for doubtful debts 7,325,154

7,495,869

REES. D. WILLIAMS! A. E. HOCKING ~Commissioners of the State W. L. MOSS.. J Savings Bank of Victoria. R. G. HOBAN

the books, accounts, and vouchers of the Commissioners, that we have satisfied onr"eh·es as to the existence of the agrees with their books.

J. G. DAVlS IAN C. RANKJN

L Chartered Accountants (Aust.) f Auditors.

3777, report that we have examined the above Balance.sheet, and found it to agree with the books of the and have accepted the certificates of the Branch Managers in verifying the liability to depositorR.

H. UHAPMAN, Chartered Accountant (Aust.Jl A d' C. L. THOMPSON, Public Accountant f u Itors.

1954

Debentures, 2! per cent. 3! per cent. 3! per cent.

Accrued Interest ..

LIABILITIES.

Interest on Debentures, due but not paid Debentures, matured but not paid

12

Borrowers' Payments in Advance on account of Principal, with Interest added Other Payments in Advance not bearing Interest

Sundry Amounts held in trust Savings Bank Department Reserves for Depreciation and Contingencies General Reserve

THE STATE SAVINGS

CREDrr l!'ONCIER

BALANCE-SHEET

2,000,000 8,000,000 8,500,000

18,500,000 99,443

563,044 301

18,599,443

734 2,400

563,345

98,958 8,125

225,000 1,720,918

21,218,923

Dr. PROFIT AND LOSS ACCOUNT FOR

To Interest on Debentures , Interest on Borrowers' Payments in Advance , Expenses of Management • . . . . . , Valuators' and Architects' Salaries and Expenses , Profit for year-transferred to General Reserve

Melbourne, 19th August, 1954.

H. E. WILLIA.MS,

Acting General Manager.

£ 475,225

20,607 161,046 25,532 85,486

767,896

We, the undersigned Auditors, appointed under Section 20 (1) of Act No. 3777, report that we have examined opinion, a correct statement of its accounts, and agrees with its books.

We have satisfied ourselves that all Securities are in the possession or in the control of the Commissioners,

Melbourne, 11th August, 1954.

We, the undersigned Auditors, appointed by the Governor in Council under Section 124 {2) of Act No. 3777, Department.

Melbourne, llth August, 1115\l.

BANK OF VICTORIA.

DEPARTMENT.

30TH JUNE, 1954.

ASSETS.

)lortgage Securities-Farm Loans .. Loans on Dwellings and Shops (including progress payments on houses in course

of erection) Housing Loans (including land acquired for building purposes) Loans to Country Industries

Interest after provision

Commonwealth Government Inscribed Stock (Face Value, £650,000) Accrued Interest ..

Sundry Debtors Cash at Bankers

THE YEAR ENDED 30TH .JUNE, 1954.

By Gros• Income, after provision for doubtful debt•

~~~~~····~-···-~-··~~~~~~~~-

i

£

662,323

18,616,167 724,171

3,170

20,005,831 53,702

650,000 5,328

1954

£

20,059,533

655,328 2,578

501,484

21,218,923

Cr.

£

767,896

767,896

REES. A. E. W. L. R. G.

D. WILLIAMS} HOCKING Commissioners of the State MOSS Savings Bank of Victoria. HO BAN

the books, accounts, and vouchers of the Credit Foncier Department, and that the above Balance-sheet is, in our

and that the cash at Bankers is correct. J: G. DAVIS IAN C. RANKIN }

Chartered Accountants (Aust.) Auditors.

report that we have examined the above Balance-sheet, and found it to agree with the Books of the Credit l!'oncier

H. CHAPMAN, Chartered Accountant (Aust.)}A d't C. L. THO}IPSON, Public Accountant u 1 ora.

THE STATE SAVINGS BANK OF VICTORIA.

SAVINGS BANK DEPARTMENT.

SilliMAitY STATEMENT OF ASSETS, LIABILITIES, AND SURPLUS FUNDS FOR SIX YEARS FROM 1949 TO 1954.

AssETS.

Cash on hand and at Bankers and Bank Fixed Deposits lian Consolidated and Commonwealth Inscribed Stock (Victoria) .. ..

sury Bills .. .. .. .. .. .. .. .. .. .. .. .. ..

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

.. ..

30th June, 1949.

£

43,669,335 28.397.359

198,531,207

9,994,016

187,359,151 324,501 364,689

1,929,010

6,925,000 1,470,000

10,000 148,856

198,531,207

30th June, 1950.

£

41,853,755 28.397.359

11,33o,IS4o 3l,654,453

2,095,096

s·75,obo 32,307

210,263,325

11,732,118

198,680,2ll 341,931 372,014

2,034,773

7,200,000 1,470,000

10,000 154,396

210,263,325

30th June, 1951.

£

45,403,771 28.397.359

IS,U33,333 40,807,456

3,745,945 ..

875,000 11,818

225,985,190

15,721,865

213,687,023 360,270 384,175

2,187,067

7,475,000 1,700,000

10,000 181,655

225,985,190

30th June, 19:'>2.

£

42,082,398 28,397,359 99,952,644

8,835,375 49,840,140

7,176,374 ..

900,000 6,407

237,190,697

11,205,507

224,346,808 369,414 400,163

2,353,151

237,190,697

30th June, 1953.

£

46,584,696 28,397,359 93,678,074 14,314,412 52,041,628 12,159,767

.. 950,000

8,787

248,134,723

10,944,026

234,833,687 450,934 423,370

2,561,017

7,835,000 1,850,000

10,000 170,715

248,134,723

I 30th .June, 1954.

£

47,545,713 28,397,359 93,325,704 18,599,443 56,910,663 13,775,376

.. 1,000,000

.. 259,554,258

11,419,535

245,606,909 477,851 336,889

3,146,199

8,000,000 1,850,000

10,000 126,410

259,554,258

""" ~

,_. ~

15 1954

THE STATE SAVINGS BANK OF VICTORIA.

SAVI!'i'GS BANK DEPARTMENT.

ACCOUNTS MADE UP TO 30TH JUNE, 1954, IN ACCORDANCE WITH SECTION 123 OF ACT No. 3777.

For information required by Sub-section (l) (b), (c), and (d), see Balance-Sheets, pages 10 to 13 and Summary Statement, pages 17 to 21.

Sub-section (a)-The Commissioners of The State Savings Bank of Victoria in account current with the various Branches

Dr. for the year ended 30th day of June, 1954.

Or.

£

To Balance at credit of BrancheR at 1st . • July, 1953 231 ,20[),548

By Drafts on Commissioners, Transfers to other Savings Banks, &c ... 57,258,060

Sums remitted or transferre(l from other Savings Banks 62,085,096

1,437,528 4,408,877

Balance at credit of Branches at 30th ,June, 1954 241,882,989

Charges • Interest allowed to Depositors

299,141,049

INVESTMENTS UNDER THE PRINCIPAL ACT. Ruh-s!'ction 1 (e)-Amount invested in current mortgages-

Upon metropolitan, city and town properties .. Rate of interest thereon (average) £4 6s. 5d. per cent. Amount of interest received thereon Amount of interest received on loans paid off in full during the year

Upon pastoral and agricultural lands Rate of interest thereon (average) £4 6s. 6d. per cent. Amount of interest received thereon Amount of interest received on loans paid off in full during the year

Amount invested in properties in possession but not foreclosed­

Upon metropolitan, city and town properties_ . Upon pastoral and agricultural lands Amount invested in freeholds acquired by foreclosure

£ 170,984

7,338

19,191 1,374

299,141,049

4,029,924

450,915

4,480,839

Nil Nil Nil

THE NuMBER OF MoRTGAGES, showing the total amount of those under £2,000, and those at and over that sum up to £4,000, and thence to £6,000, and thus increasing by £2,000 to the highest sum advanced :-

I No. of Class!fication. i Total Amount. Amounted Invested Amount Paid Off

Mortgages. during the Year. during the Year.

£ £ £

819 Under £2,000 .. .. .. .. 609,705 34,055 100,782 £ £

741 2,000 and under 4,000 .. .. 2,137,312 145,464 82,113 95 4,000

" " 6,000 .. .. 447,205 24,000 32,275

33 6,000 " "

8,000 -- -· 219,571 -· 20,700 16 8,000

" " 10,000 -· .. 141,746 .. 8,500

13 10,000 " "

12,000 .. .. 137,325 .. 10,000 7 12,000

" " 14,000 ·- .. 87,550 -· 13,550

8 14,000 " "

16,000 .. .. 117,375 .. 14,100 8 16,000

" " 18,000 .. .. 135,500 -· ..

3 18,000 " "

20,000 ·- -· 56,000 ·- .. 6 20,000

" " 22,000 .. .. 120,850 .. ..

2 22,000 " "

24,000 .. .. 46,450 .. .. 9 24,000

" " 26,000 .. .. 224,21>0 .. ..

203,519 282,020 Amounts increasing existing mortgages .. ·- 110,001 .. Various amounts in reduction of existing

mortgages .. .. .. .. .. ·- 222,048

1,760 .. .. . . .. . . 4,480,839 313,520 504,068 81 Co-operative Housing Society Mortgages .. 9,274,650

1,841 .. .. .. .. -- 13,755,489

Three hundred and five properties for Bank

I premises .. .. -· .. 1,000,000

THE NuMBER OF BoRROWERS IN ARREAR with payment of interest, and gross amount of such arrears :-

Number of Borrowers. Amount of Arrears.

47 *£1,198

• This amonnt has now been red need to £482 and the number ln arrear to 19.

1954 16

Sub-section l (f to j).

AMOUNT INVESTED IN STOCK, DEBENTURES, BONDS, &c.

Market Va.lue Amount; lnvll!!red Rate of Year when per cent. at During Year

- Book Value. Face Va.lue. Interest Including per cent. Repayable. 30th June, Re·invesf;ments 11154. (Nominal Va.lue) •

•

£ £ 01 /o £ 8. d. £

5,004,000 5,004,000 2 1955 .. 99 ll 3 6,763,099 6,766,640 3! 1959 .. 94 15 0 1,069,390 1,069,390 3! 1960 .. 93 7 6 8,205,570 S,205,070 3! 1962 .. 91 6 3

16,360,520 16,360,520 3! 1963 .. 90 ll 3 3,655,629 3,657,550 3! 1956 • .. lOO 7 6 3,511,380 3,511,440 3! 1957 .. 97 17 6

Australian Consolidated 18,037,816 18,038,510 3! 1958 .. 95 16 3 and Commonwealth 7,677,620 7,677,620 3! 1958 .. 95 ll 3 Inscribed Stock 16,244,450 16,244,450 3! 1959 .. 95 ll 3

13,216,670 13,216,670 3! 1960 .. 93 15 0 10,546,425 10,577,200 3! 1961 .. 93 5 0 3,935,000 3,935,000 3{ 1954 .. 101 5 0

666,740 666,740 3f 1965 .. 93 12 6 157,000 157,000 3i 1954 .. lOO 5 0

L 2,589,000 2,589,000 3i 1955 .. lOO 16 3

Commonwealth Treasury Bills .. .. 3,142,147 3,150,000 l 1954 .. Not quoted 3,150,000

{ 2,000,000 2,000,000 2! 1957 ..

}Nut quot<d 6,000,000 6,000,000 3! 1957 .. 1,750,000

Credit Foncier Debentures 2,000,000 2,000,000 3! 1958 .. 2,000,000 8,000,000 8,000,000 3! 1957 .. 8,000,000

500,000 500,000 3! 1958 .. 500,000

I 23,578,546 31\- 1954-1964 .. 75,698 3U 1954--1969 ..

5,056,060 3! 1954-1970 .. 2,390,748 31r 1954--1967 .. 4,487,316 3f Hl54--l97l ..

6,289 31\r 1954--1967 .. Municipal and other Public 3,235,627 3! 1954--1971 .. .

Authorities Debentures 56,251,583 5,165 at 1954--1955 .. Not quoted and Stock 1,641,200 4 1954-1964 ..

6,552,467 4! 1954-1972 .. 61,440 4! I954-l96l .. 20,731 4J 1954--1958 ..

347,625 4! 1954--1973 .. 292,414 4§; 1954--1973 ..

7,682,513 4! 1954-1973 .. 5,928,800 830,020 4i 1954-1964 .. 389,000

··-·-····

Sub-section I (k). THE GROSS AMOUNT ON FIXED DEPOSIT WITH THE BANKS (ALL DUE WITHIN TWO YEARS).

£

Adelaide 450,000 Interest Rate l i and l! per cent. Australia and New Zealand 2,335,000 lj "

l{ Commercial 1,497,000 .. lj

" If Commercial Flanking Company of Sydney I,315,000 It " If Commonwealth 31,500,000 lt " If English, Scottish, and Australian 1,230,000 1! " If National 1,555,000 It " I! New South Wales .. 1,980,000 It , l{

41,862,000

Sub-section 1 (l). MODE AND AMOUNTS IN WHICH THE BALANCE OF FUNDS IS INVESTED OR HELD.

Cash Available at Call

Accrued Interest at 30th June, 1954-

0n Australian Consolidated and Commonwealth Inscribed Stock and Treasury Eills , Credit ];'oncier Debentures , Bank Fixed Deposits ., Municipal and other Public Authoritiei! Debentures and Stock , Mortgage Securities .•

£ 940,607 99,443

154,432 659,080 19,887

" " " " " .. ,

"

£

5,529,281

1,873,449

7,402,730

~ 0> .... '­Ql

""" l

SUMMARY STA'I'E11ENT of The State Savinga Bank of Victoria for Twdve :.\Iout.h:s eml,l,l 3t)th HKH

Banks.

].

2. Bourke-Htreet, 3. :Flindets-street, Melbourne .. ·1. Rwanston-strcet, Melbourne iJ. Rwunston-streflt (Central),

:M'elhomne .. ti. Vilcstern Branch, Melhomne I. Abbc•tsford H. Abhotsford North 9. Ailic::rt Park

10. 11. 12. Ase<Jt ValP 13. Ashburton 14. Auburn 15. Auburn ~outl1 16. Balac1ava 17. 18. neutJClgu 19. Bhwkbm 20. Hlack Hoek 21. Box Hill 22. Box Hill South 23. Brighton Middle 24. Brighton North 25. Brunswick 2(>. Bmnswid( l~ast 27. lJrunswkk W<est 28. 29. :'!0. Cam bmwell 31. Cam hcrwP ll Eust 32. Camberwell .Junction 33. Cmn!Jerwell South 34. Canterbury 35. Cm·lton 36. Carlton North 37. Carn<·gie 38. Caultield East 39. Caul!le1d South 40. Caulfield \Vest 41. Chelsea 42. Chelt<2nham 43. C1ifton Hill 44. Coburg 45. Coburg South 46. Cohurg West 4 7. Croxtm1 ..

/8 1. I. 1842 10.1900 2.10.11 11 ,:! . 25

2.::l.42 11>.12.24

1fi.:l.85 17.4.39

:w. 11.~3 :2-L>.:ZS 18A. :.'. J I. J () ~8.3.42 10.0.24 10.8.24 J(j. () .12 ·; .7 .26 2.7.28 li.3.30 27.4.2~

.2.12 7.~.53

:!0.11.00 ().5.15 4.1.80

27.fi.1S 4.12.3!J 2S.7 .22 , 28.!L:l8 : JS.:l.08 10.6.24 13.2.3f1 0.4.2\l

HUl.l2 .3.82

24.7.24 14.5.23 21.2.13 1i:UJ.24

17. 10.21 ' 7.7 .2(i

22.12.13 1.4. 89

29.5.13 5.5.52 f>.l.54

W.5.23

873,588 ';81,5~7

1,546,328 ;)!Jfi,383 .)42,!)(\7 4Df).no6

748

\J20. 3SH,757 I S89,2DG 68f>,250 I

ii75,74l 513,84;'} 510,()70 iJ42,25fJ 676,548

l ,753,455 174,:{21 lM,988 459,739

(i(),620 J!j 1 .~)19 :.!D.I;;u HlH,2UD !Ofl.l'(l4 I 18,517 20,42!1 004,588 fl:l,40iJ 120,473 18,459 0:20.432 H0,2!l1 102,761 lf>, 117 544,596 71,877 147,481 l1,ii70 5fif),2HO 81,483 128,630 13,875 iJGu,•i1 !l l:l4,79G 104,002 20,873 HHI,Jb:: 77,613 389,982 5fl)62~ 1,823,158 31l2,!J75

61 ,lfJl :),7 ](\ l/(1,24 I '24,973 338,1150 2,124 12H,eoo W,410

t\4,518 liJ,2SO I 453.541 47,805

136,723 56,820 81 ,til7

!!,043 22,0(\6 24,402

;}3,071 22,!\18 12,:l3!J

77,56(\ I

40;203 I 13,~1&0 15,250 33,278 33,458 32,028

34,013 35(i,i\\l I

38.1()0

DP\'1\.-'H-~e.

[ £

18,189,579 1,291l,!l88

[)4.207 687 .28:{ 5,385,052

Sfi:-4

2.!l2!)

1,377,707 1,125,7\18

981,161 1i05,337 631,898 71W,:l34

1,171,6fll ti,Oia 2,890,ll26

208,532 353,06:{ 820,314

Total Amount of Depositors' Balances.

£

4,;)13,R37

!.:

o7,3f!!J 4,708 4,331 : 7.u40 !

(),73!1 4,517 4,4:13 3,197 5,776 9,041

15,681 3f>3 .•

3,528

725 IU

,l5l,i-l89 Cc>l,435

], 147,123

208,88;; :Jil0,5!l1 \'>20,314

1:

6,),170 1,870 :l,OOO

H,260

400 HO

2fi0

f

·)

., ,)

l

;, li

:-; !)

:~J7 ,8n;'"i 1 o 11 12 l:l 14 ~;-,

lfj 11 8

HJ 20

i:! ;!;! ;!4 :liJ 2ti •)­

~· 28 :!H :m :.!1 :lZ :3:! :J~t

.) .. ) :JU 37 :~s

3!J i 40

41 4:! 48 44

i 4:\ Hi 4i

-l

"""' <::> c:.n ,r;:.

Banks.

48. Croydon .. . . 49. D~.r1ing . . . . 50. Elsternwick .. 51. E1wood .. .. 52. Essendon . . 53. Essendon North . . 54. Fairfield .. . . 55. Fitzroy .. 56. Fitzroy West . . 57. Footscray .. 58. Footscray South .. '59. Gardenva1e .. 60. Glenhuntly .. 61. Glen Iris . . 62. Hampton .. 63. Hartwell .. .. 64. Hawthorn .. 65. Hawthorn North .. 66. Hawthorn West . . 67. Heidelberg . . 68. Hughesdale .. 69. Ivanhoe .. .. 70. Kensington . . 71. Kew . . .. 72. Kew East .. 73. Malvern .. .. 74. Malvern E~tst . . 75. Mentone .. . . 76. Middle Park .. 77. Mite ham .. .. 78. Mont Albert . . 79. Moonee Ponds . . 80. Moorabbin . . 81. Mordialloc . . 82. Moreland .. 83. Mnrrumbeena. . . 84. Newmarket . . 85. Newport .. .. 86. Northcote . . 87. NorthcotEl South .. 88. North Fitzroy 89. North Melbourne .. 90. Oak1eigh .. .. 91. Ormond .. .. 92. Parkdale .. .. 93. Port Melbourne .. 94. Prahran .. .. 95. Prahran East .. 96. Preaton .. ..

SUMMARY STATEMENT of The State Savings Bank of Victoria for Twelve Months ended 30th June, 1954, &c.-continued.

Num,ber Transferred Interest Transferred Total Amount of Depositors' Balances. Date of Cash from other Credited to Cash to other Increase. Decrease. Opening. Dopoalts. Savings Depositors' Repayments. Savings Agencies. Banks. Accounts. Banks. Local. Agency. School Total. Depoolt.

Hank. Stock.

£ £ £ £ £ £ £ £ £ £ £ £

.. .. 3.4.28 447,875 ll5,362 ll,llO 477,355 54,179 42,813 I .. 617,122 . . 5,382 622,50.'5 1,000

. . .. 6.3.30 400,383 77,062 9.160 I 412,449 41,365 32,79~ .. 520,607 . . 4,347 524,955 .. .. .. I. 7.07 1,037,312 223,509 3:!,218 1,095,406 150,558 47,07n .. 1,743,624 . . .. 1,743,624 10,210

. . .. 24.4.23 478,360 89,440 13,370 . 520,883 57,518 2,769 . . 733,911 . . 8,952 742,863 900 .. . . 26.9.13 944,336 232,040 29,176 1,009,463 121,207 74,882 .. 1,618,369 . . 8,759 1,627,128 5,850

.. .. 18.1.28 807,881 188,402 22,020 833,027 81,754 103,522 !-. 1,232,105 . . 5,564 1,237,669 820

. . . . 24.5.16. 723,198 142,882 22,275 7l5,176 90,773 82,407 .. 1,236,875 . . 13,836 l,250,7ll 10

. . . . 1.~. 791 1,ll0,655 137,003 32,321 1,053,238 177,986 48,755 .. 1,837,689 . . 5,909 1,843,599 16,160

. . .. l.<J.24 421,319 47,636 9,647 384,365 44,0.'52 .50,186 .. 554,963 .. 1,733 556,696 1,500

. . .. 2.7.87 2,533,571 464,415 76,974 2,518,228 291,0~9 265,703 .. 4,2~18,876 25,817 4,324,693 6,730

. . .. 8.12.41 272,950 43,292 7,245 266,266 23,827 33,394 .. 398,366 . . . . 398,366 300

. . .. 26.1. 21 521,520 ll1,865 14,830 ' 549,391 74,478 24,346 .. 796,145 . . ll,610 I 807,756 1,200

. . . . 26.1.21 723,110 131,993 21,884 742,347 89,682 44,958 .. 1,204,634 . . 7,650 1,212,285 1,750

.. . . 15.5.29 436,743 107,631 12,264 469,1)18 56,284 30,436 .. 665,999 . . . . 665,999 5,490

. . .. 29.9.21 676,910 172,296 21,507 731,072 99,543 40,098 .. 1,153,854 . . 8,105 1,161,959 1,570 . . .. 19.2.30 621,189 133,010 17,972 617,684 91,659 62,827 .. 979,720 . . 4,.503 984,224 770

. . . . 2.8.88 I 621,160 150,070 19,010 669,879 129,825 .. 9,463 1,018,900 . . 3,493 1,022,393 3,400

. . . . 19.12.38 340,724 72,378 8,641 1 351,582 48,383 21,778 .. 469,539 . . 1,558 I 471,097 1.540

.. .. 30.4.25 • 376,917 65,325 9,638 403,572 45,188 3,120 .. 502,235 . . 3,414 505,650 800

. . .. 22.12.14 498,422 134,005 13,684 505,508 60,555 80,049 .. 785,966 . . 8,747 794,713 400

. . .. 27.2.30 374,235 80,020 10,186 393,996 51,910 18,535 .. 525,789 . . 10,067 535,856 . .

. . .. 28.4.20 1,028,221 279,572 28,512 1,069,487 120,543 146,274 1,584,334 . . 9,759 1,.'>94,093 1,460

. . .. 20.6.21 . 428,865 58,481 11,617 422,854 61,423 14,685 623,914 .. 6,531 630,446 lOO

. . .. 12.2.02 1,131,622 287,560 I 32,368 1,184,582 Hl0,785 76,183 . . 1,798,632 .. 5,8641 1,804,496 4,910

. . .. 11.8.26 741,959 187,259 I 20,993 750,234 103,128 96,849 .. 1,157,063 . . 7,621 1,164,684 5,540 . . .. 16.6.02 1,030,163 230,848 32,223 1,087,708 151,874 53,652 . . 1,767,606 . . 1,767,606 8,910

.. . . 3.4.28 375,688 65,182 8,461 1 389,059 29,804 30,467 .. 471,457 . . 429 471,886 2,250 . . .. l. 7.27 541,435 129,621 13,649 538,949 88,680 57,075 .. 766,131 . . 2,453 768,585 1,510

. . .. 2.3.08 . 390,858 70,288 12,897 402,561 53,234 18,248 . . 707,249 . . 5,016 7l2,266 1,300

. . . . 13.3.30 399,856 105,208 10,620 415,389 49,339 50,956 . . 590,925 . . 4,227 595,152 1,730

. . . . 29.1.30 315,011 68,578 7,668 328,442 38,67l 24,143 .. 413,895 . . .. 413,895 1,300

.. . . 20.3.99 1,684,263 367,604 50,330 1,741,160 269,946 91,091 .. 2,725,013 . . 6,334 2,731,347 1,850 .. . . 8.5.51 346,041 117,838 6,400 346,987 43,095 I 80,197 .. 383,262 .. 7,ll9 390,381 460

.. .. 27.11.14 381,391 82,303 9,714 402,400 I 62,082 . 8,926 . . 514,751 . . 6,661 521,413 1,000

. . . . 22.12.13 1,228,832 219,455 40,206 1,254,395 • 176,069 58,028 . . 2,186,967 . . 12,084 2,199,052 7,400

.. . . 15.9.24 547,300 124,989 15,640 584,003 53,309 50,616 .. 856,034 . . 4,766 860,800 890

.. .. 1.8.90 528,682 81,678 16,795 515,481 73,492 38,182 . . 916,406 .. 3,502 919,909 5,700

. . .. 9.8.15 818,435 154,910 24,250 832,125 04,098 71,372 . . 1,314,33.5 . . 9,561 1,323,896 3,050

.. .. 2.4.06 913,675 183,351 30,216 962,802 1:21,920 42,519 . . 1,664,567 . . 4,780 1,669,347 3,750

.. . . 2.1.31 514,435 80,143 13,099 524,886 73,360 9,431 . . 730,164 I . . .. 730,164 200

.. . . 1.3.90 734,453 100,121 22,321 742,399 93,831 20,666 .. 1,242,662 . .. 48 1,242,711 7,140

. . .. 1.9.82 897,720 123,369 26,371 887,793 ll7,67l 41,995 .. 1,487,319 .. 6,079 1,493,398 4,530

. . .. 8.5.13 1,483,728 375,001 42,672 1,529,959 187,609 183,834 . . 2,338,257 .. 11,911 2,350,169 5,560

. . .. 18.8.26 • 783,567 173,748 22,134 815,462 97,189 66,798 . . 1,188,950 . . 8,203 1,197,154 920

. . .. 28.10.52 237,881 73,623 4,515 238,123 27,285 50,611 .. 260,214 .. 1,667 261,882 1,000

. . . . 1.3.86 980,216 122,858 26,845 975,776 123,462 • 30,682 1,489,6381 .. 7,339 1,496,977 3,050

.. .. 25.9.79 1,412,926 302,823 47,595 1,506,474 272,883 I .. 16,012 2,580,520 .. 7,935 2,588,456 ll,790

. . .. 26.10.12 458,910 81,695 13,263 461,001 67,163 25,704 .. 709,024 . . 4,902 713,926 2,640

. . .. 1. 7.20 716,775 161.093 21.655 738.089 120.580 40.853 . . 1,178,2ll . . . 16,966 1.195.178 2,080

Grand Total.

£

623,505 524,955

1,753,834 743,763

1,632,978 1,238,489 1,250,721 1,859,759

558,1961 4,331,423

398,666 ' 808,956 I

1,214,035 671,489

1,163,529 984,994

1,025,793 472,637 506,450 795,113

. 535,856 1,595,553

630,546 1,809,406 1,170,224 1,776,516

474,136 770,095 713,566 596,882 415,195

2,733,197 390,841 522,413

2,206,452 861,690 925,609

1,326,946 1,673,097

730,364 1,249,851 1,497,928 2,355,729 1,198,074

262,882 1,500,027 2,600,246

716,566 1,197.258

""" cc Ol lP>

1-' 00

97. Preston East 98. Preston North 99.

lOO. l~ichmond 10 I • Richmond South 102. Ringwood l 03. Ripponlea 104. Sandringham 105. Seddon 106. South Melbourne 107. South Y arra. 108. Spotswood 109. St. George's-road,

110. St. Ill. St. Kilda ~outh 112. St. Kilda West 113. Sunshine .. 114. Surrey Hills 115. Thonibury 116. Thombury \VeRt 117. Toomk 118. Tooronga ll9. Victoria Market 120. Williamstown 121. Yarraville 122. Alexandm 123. Ararat 124. Avoca 125. l~acchus MarRh 126. Baoirnsdale 127. Ballarat .. 128. Ballarat EaBt 129. ]3eaufort .. 130. lleeehworth 131. J3elgrave 132. 133. 134. 135. Bit·chip 136. Boort 137. Bright 138. Camperdown 139. Casterton 140. Castlemailw 141. Charlton 142. Chiltern 143. Clunes 144. Cobram 145. Cohunu 146. Colac 147. Coleraine 148. Creswick .. 149. Dandenong 150. Daylesford 151. Dimboola .. 152. Donald 153. Drouin 154. Dunolly 155. Rnu1Phl'lwl<

i>lorth

6

8 [[)

2

5 8

()

2

" 3 6 4

2 9

3 13 3

2

12.9.27 1.4.40

25.3.29 1.4.80

11.12.02 15.10.23 19.10.20 9.12.12

15.11.22 8.9.80

17.4.99 9.9.29

21.7.24 I. 9.84 9.8.23

21.10.14-11.5.14 27.9.16

1.3.15 24.3.54 3.3.21 6.0.23

10.1.89 14.2.87 7.3.10

28.7.21 8.8.03 2.4.12 4.3.12

15.2.86 15.11.56

15.7.40 26.2.12

tl. 9.07 l.ll.51 6.9.97

17.3.56 0.11.25 20.1.26 11.5.14 4.3.12

1.11.05 10.2.12 1.12.55 l!i.4.12 2.4.12 2.4.12 7.7.30 8.9.24

10.12.00 26.1.21 6.9.97

1.11.11 16.3.85 1.6.12

li'i.4.12 23.11.16

2.4.12 3.7.82

525,337 653,199 531,593 951,941 778,988 565,396 376,736 680,329 250,624

1,017,697 733,404 244,406

3!ll,900 299,927 612,608 673,703

I ,017,188 481,274 !lS6,21l6

55,989 ii89,980 465,800 765,787

1,003,044 826,387 308,032 496,546 159,281 220,281 637,260

2,543,503 471,067 169,121 190,013 223,960 604,894

2,179,459 92,674

148,376 196,228 122,080 449,935 283,213 771,615 244,132 81,056 68,895

174,004 184,867 913,899 179,588 ll7,8ll

1,323,354 328,983 221,973 201,384 266 417

87:302 155,014

112,458 149,461 123,331 169,532 115,127 198,402 65 155

141:579 41,500

142,901 149,647 44,629

02,170 48,283

107,066 141,442 172,747 101,445 191,109 238,693 1!2,669 82,176 85,074

li'i7,943 140,902

52,294 102,316 32,213 32,545

115,889 383,599

80,892 23,300 25,543 93,165 99,936

368,779 6,566

14,728 31,240 56,176 73,244 48,803

125,082 36,957

9,151 7,949

39,773 29,198

153,475 28,590 25,927

310,778 60,495 30,201 27,518 65,285 9,574

29,066

14,951 . 17,869 I 15,742 : 30,228 I 22,524 15,997 10,391 17,389 0,312

27,882 20,814 5,n53

ll,273 8,498

17,185 17,888 25,313 13,898 33,350

727 15,956 12,702 17,777 30,504 23,484

7,817 21,679 6,801 8,666

23,684 \14,246 14,336 6,223 6,859 4,828

22,502 82,113

3,561 5,482 9,656 4,213

20,272 ll,882 26,477 12,454 3, Ill 3,340 5,573 7,149

35,702 7,573 fl,345

40,969 13,729 8,573 8,826 8,450 3,565 7,343

520,471 670,751 561,514 966,65.'5 758,811 591,539 405,843 761,081 264,653 9!)6,052 729,599 245,758

3!)2,137 299,!)}4 601,778 695,993 075,955 1)15,912

1,036,697 41,174

m2,38G 499,181 ti7H,SI4

1,044,204 825,500 266,469 ;)17,983 165,713 205,855 630,904

2,487,175 481,84H 185,947 175,510 233,175 607,479

2,219,250 77,343

133,724 187,243 151,901 433,426 271,113 815,084 226,7G8

85,275 71,505

147,905 178,474 928,115 154,718 111,433

1,363,739 327,760 231,153 173,741 25!!,880

76,334 ' 157,034 I

54,745 79,444 58,345

167,103 111,615 109,816 41,293 68,976 24,604

138,339 I ]!),802 34,065

39,709 46,215 82,926

123,893 70,380 64,692

178,048 7,027

05,104 46,475

124,177 104,064 92,206 69,938 7.'5,323 28,009 24,785

ll3,343 279,588

32,029 24,502 30,308 37,936 86,132

246,672 17,432 30,395 42,024 21,496 67,677 42,695 78,598 42,541 8,783 6,690

22,441 22,193

118,365 28,(142 15,151

191,6.')8 51,573 27,ll7 31,599 48,808 13,054 l6,9ll '

77,531 70,333 50,806 17,942 46,213 78,441

5,147 9,241

12,17\J 54,088 r.4,465 1.'5,165

33,49G I.

10,579 53,055 I 13,148

159,913 Hi,01l

247,207 41,ll5 U5,022 65,548 43,222 73,065 31,737 27,235

4,572 30,852 32,585

254,586 52,417

16,5!)7 50,842 33,721

164,428 8,026 4,466 7,857 9,072

42,349 30,090 29,493 24,234

1,088 49,004 20,548 ii6,596 32,9\Jl 22,499

119,704 23,874

2,478 32,387 31,464 11,053 17,478

3.fl90

I 1.804

740

811,350 962,903 851,166

1,644,955 1,271,800

8!J7,232 fl73,237 91!),964 510,.'552

1,580,302 1,175,506

320,466

617,896 470,098 976,59\J 988,911

1,434,572 748,993

1,769,656 242,586 916,765 680,954

1,028,401 1,657,967 I ,2R6,797

388,1i52 \177,18}1 :l!Jf>,367 485,100 982,208

4,612,026 7ii4,571 347,625 373,41.'5 275,659

1.112,327 4,312,959

200,882 310,553 312,920 207,590 685,830 521,47!)

I ,313,700 503,704 168,822 180,274 328,284 338,938

1,481,761 431,328 223,391

1,744,2!18 663,890 474,934 501,837 386,591 215,135 395,193

8,14/i

150,153 147,901

111,09fl

9,845 6,891 ii,733 9,044 4,77G 7,298 3,254 7,520 5,631 4,833 ;),153 3,974

7,610

3,440 ' 15,482 i

7,941 8,204 4,620

ll 8,880

12,073 ii,556

11,296 1,979 3,90G

15,798 i53,316 14,831 :l,353 3.183

971 7,341

4!1,915 685

1,099 6,046 1,802

12,670 5,136

11,505 3,39()

833 865

1,656 3,602

17,939 2,074 4,315

20,971 7,935 4,283 2,018 4,678 1,273 ;),008

821,196 069,795 856,899

1,654,000 1,276,576

!)04,530 576,492 927,485 5W,183

l,i585,225 1,180,749

324,441

1,021>,412 . 1,666,848 . 1,298,871

461,845 1,191,248

400,347 48!1,006

1,289,335 ;),157,672

769,402 ::150,979 384,745 276,630

I ,269,822

4.~gf:~i,~ : 320,653 fi33,998 230,0i)2

1,068,874 ' 645,916 ,469,783 719,001 169,655 181,139 329,940 405,29!)

1,903,846 433,402 297,401

2,281,711 780,265 479,217 503,856 502,370 216,408 400,202

1,100 2,410 2,000 1,000 2,100 3,650 2,56(1

1,570 12,330

600 3,5fi0

750 6,320 1,750 7,620 2,310 1,360

600 1,200 1,800 4,550 5,420

400

824,346 !170,145 859,419

l,ti62,820 1,281,446

906,070 578,ll2 H:l8,435 519,033

1,588,475 1,188,799

3215,641

626,606 472,i)08 978,599 993,351

1,452,154 760,584

1,780,421 247,207 921,311 687,3()5

,030,4132 1,680,088 1,301,491

462.fi4:i 1,1!14,068

402,627 491,3i;6

1,291,835 5,170,792

771,302 :);)5,079 387,061) 277,:1;30

1,271,392 4,517,106

201,568 3lll,253 -~37,;3.~8 230,802

1,075,l!J4 647,6(16

1,477,403 721,3ll 171,015 181,730 331,140 407,099

1,!J08,396 438,822 297,801

2,291,321 786,715 479,617 505,206 505,600 218,408 402,842

!J7 98 99

100 101 102 103 104 105 106 107 !OH

109 110 Ill 112 ll:J 114 IJ;j I Hi 117 liS 1HI 120 121 122 123 124 lifi 126 127 128 12!+ 130 131 132 133 134 1315 13(i 137 138 139 140 141 142 14:~ 144 IMi 146 147 148 149 150 151 152 153 154 155

"'--' ~

..... ~ C1l .....

SUMMARY STATEMENT of The State Savinl!s Bank of Victoria for Twelve Mouths ended 30th June, 1954, &c.-continued. ~

I C,CI

I Transferred Total Amount of Depositors' Balances . . c:.n .... I .UULC UL '-..·U!!ll avu1 vu1t:1 vn::mvet.J. ~,.u Cash to other

Increa~e. Decrease. Banks. of f\-.--=-~ r..~~--:.&.~ ~~-.:~ ... ~ 1 ""--~-U---· I Repayments. l sa.vings Banks. Loeal. Agency. School Total. Deposit. Grand

Bank. Stock. Total.

£ £ £ £ £ £ £ £ £ £ £ £

156 Echuea 2 I 513,730 95,632 482,540 82,859 905,768 145,025 9,88.') 1,060,679 2,850 1,063,529 .. .. 7.12.89 157. Elmore 13 .. 5. 24 127,058 16,505 121,485 12,459 324,531 .. 953 325,485 I,HO 326,625 H)7 158. Euroa .. 15.6.08 344,082 43,370 319,631 34,493 731,734 2,967 734,701 3,600 738,301 158 159. Frankston 8 21.8. 12 875,430 252,243 934,573 ll8,5ll 1,016,907 10,314 1,249,082 3,820 1,252,902 ];)\) 160. Geelong .. 20 1. 7.1848 3,890,141 582,406 1 3,885,161 300,464 5,902,839 46,490 6,707,293 12,700 6,719,993 160 161. Oeelong West .. 28.10.1920 678,864 116,960 665,237 65,557 1,246,011 14,227 1,260,238 4,520 1,264,7fi8 161 162. Hamilton 15 3.11.62 984,702 liH,048 921,095 151,35(\ 1,632,572 677,125 Hl,170 2,328,868 12,270 2,341,138 162 163. Healesville 28.7.19 202,218 50,422 221,107 40,710 3,296 312,482 4,299 31(),781 .550 317,331 163 164. Heathcote 15.4.12 106,508 17,288 109,600 20,425 463 323,295 2,13-5 32.1,430 MO 325,980 164 165. Hopetoun (' 1 ''6 145,588 19,038 132,450 24,407 12,644 297,424 1,861 299,285 299,285 165 .. .. ). <M I 166. Horsham 4 9.5.91 777,009 127,293 759,322 113,000 65,006 1,645,694 181,105 ll,252 1,838,052 I 5,190 1,843,242 166 167. Inglowood 3 19.2.12 :l01,76U 24,704 189,794 32,(126 12,574 290,649 172,064 5,097 467,810 2,480 4 70,290 I 167 168. Jepa.rit .. 15.3.26 134,670 !!,012 128.7 LO 11,:!82 10,019 378,582 680 379.263 1 2,000 381,263 168 169. Kaniva 5.1.48 7ii,515 15,008 71.08!) 13,7!i8 10,060 264,168 2,049 261),217 6,500 272,717 ! 16!) 170. Kerang 5 l.!l.ll 4:36,483 70,:JOO 18,160 414,740 71,20:3 38,8Mi 778,438 193,401 9,562 !)81.4021 740 I [)82, 142 170 171. Kilmore 4.3.12 127,464 23.2t19 4,490 127 ,O:lS :34,lti0 ;),\Ji3 2Pi2,2SG 1,596 203~?;82 180 2!14,052 171 172. Koo-wee-rup 2 :l. I 1.47 154 .. 480 26,913 4,587 120,4:;2 37,217 249.961 39,173 1.523 2!10,65S 1 292,058 173 173. Koroit 2S.!l.20 14fl,064 17,878 5,453 132,801 13,20:3 310,;)62 .. 1,()52 312,214 ; 316,794 173 174. Korumburra 6 l6. ti. 02 360,27!) 66,546 14,lU6 365,688 56,742 602,249 157,770 9,15!) 76!1,178 775,348 174 !:-!; 175. Kyabram ll.ii.14 410,931 ;)9,!)13 13,64.') 420,3:!1 ;)0,204 745,958 4.825 750,783 100 750,883 17(, ~

176. Kvneton .. :; \i.3.61 344,i\!l7 i3,182 16,234 370,204 ;";1,054 775,866 0,006 8H6.42! 3,080 R!l9,,~01 l/1; 177. Lancefield . . I l IU.:l.12 111,493 16, 7~~2 5.1;'17 I 12,27'1 24,830 3,724 183,110 l,G02 2H:l.2ti!l 2.560 284,82!l 177 178. Leongath& :-; 11.3.12 437,1 Hl I 7!),749 16,6!)0 427,6i3 76,404 ;)68,451 10,992 ():!2.411 ii,740 928,lill 17S 179. Lilvdale .. :::!(), 2.12 211,!)[8 I 58,010 u,so2 21(>,647 33,818 375, Hl4 .. ii,G!JO 380.854 l,KOO 3R2,fi:i4 170 180. l\IaJTn1 :! :l7 .:.L 14 342,2771 51,54() 10,281 332,8!11 f\:.l,!l28 518,472 31,681 ;3.044 55.),7D7 1.200 (,;')6,907 180 181. Ma1don I .1l.ll7 H6,113 . 12,182 3,54;) 94,770 18,433 1,36:3 186,;)02 1,42.) I 8VJ:l8 :300 188.:l:l8 IRI 182. Mans11e1d .. 4 1.12.11 2ti3,046 ' 38,!)78 9,901 49,688 11,263 ii28,767 52,583 4,403 58;),754 l:l,360 ii!l8,ll4 i 18:! 183. Maryborough .. 4 13.7.!>!1 643,398 97,254 20,610 73,8lti .~2, 1152 1,04ii,380 81,822 10,78!l 1,137,992 2,030 1,140,02:J 18:{ 184. Merbeiu :30.10.28 l62,52ii I 26,19·1 6,004 27,0I:l ii,048 307,.~80 3,638 311,218 1,820 313,038 it!± 18;). Milduru. .. 4 4.4.10 701,7<18 l 167,41!) 22,433 ll!J.72fl 6:!,176 l,l7a,960 34,2215 10,180 1,218,365 3,050 1,221,±1;) I 18;) 186. Minyip 2.6.:W I19,12o 1 15,683 5,772 24,767 8,1)14 345,123 1,12:l 346,2-H 1,!)20 348,167 ISH 187. Moe 3 IG.:l.48 223,261 : 86,312 6,29l'i 4!),042 W,212 325,4!)2 17,544 7,231 :'lii0,269 GOO 350,869 187 188. Mooroopna 3. n .4fi. 102,933 . 18,117 2,\l03 27,244 17,037 15G,681 1 .. 2.!l80 15!1,662 10 159,672 18R 189. :\Iornington 7 1G.9.l2 487,403 i 100,232 1:!.509 221,728 R8,071 420,056 215,642 (),499 642,19/l 51)() 642,748 lS!l 190. Mortlake .. .. 28.11.21 l78.0:l7 i 28,233 {),25:1 2(),633 7,:336 :{48,i)lU 1,84;') 350,356 800 351,156 I !JO 191. Morwell .. 4 10.5.17 100,!)71 14,487 IO:l.Oul ll,i27 ;)66,521 17!),724 ll ,234 757,480 1,000 758,4HO Hll 192. Mount Beauty 10.1.50 31.32{) 1,94\J 00,071 R,214 IO!J,372 2,569 111,941 lll,941 l!l2 193, Murtoa .. Ll.3. 12 16,586 5,322 21.000 3,G2ti :!79,402 l,6UO 2~H.O!l2 2,460 283,552 19:) 194. Myrtleford 8.2.3!) 30,602 6,440 30,042 ~~,811 360,520 2,640 363,160 220 363,380 194 195. Nagambie .. 15.12.20 18,146 4,405 12,473 1{),240 251,218 1,209 252,427 l,llO 253,5:37 19,3 196. Nathalia .. .. 27.10.21 24,582 5,805 20,771 610 327,611 1,706 320,318 1 2,010 331,328 l!JG 197. Nhill .. .. 14.10.12 35,3t:i9 13,848 45,077 lii,!J54 7G0,823 4,508 765,331 . 2,110 767,441 197 198. Numurkah .. .. 5 1.11.12 ' 51,582 9,148 :36,517 32,718 .. 466,206 38,788 5,733 fi10,7271 1,020 fill,747 HJ8 199. Orbost .. 10.10.21 : 25,990 5,348 2:),715 10,\l35 2!l3,999 4,383 298,383 700 299,083 l!lfl 200. Ouyen 5 8.3.26 30.617 9,755 40,083 ll,200 :343,030 227,046 5,691 575,767 !lOO fi76,667 200 201. Port Fairy .. 1.1. 18no I 31:360 7,!)57 25,7()!) 37,6:'ls .. 452,388 1,895 4M,284 2,050 456,334 201 202. Portland .. I 1.1.1848 ! 78,002 1:{.280 7H,728 19,194 .. 715,258 .5,418 720,()77 4,480 725,157 202 203. Queenscliff .. I 11.3.19121 50,948 4,546 29,227 .. fll4 236,410 7,682 3,211 247,304 1,950 249,254 203 204. Rain bow .. .. 6.1.2() 20,635 . 5,726 lG.171 ii,;)28 304,256 2,349 306,60;) I 306,605 204

205. Reel Cliff.-. I 17.10.28 26ii,OL3 50,464 . 7,810 ' 247,827 53,564 ! 21,897 424,52:) ±,GSU 429,211 4:20 4:2[),()31 :lO:i

206. Rochester I 26.2.12 292,312 45,298 : 10,191 299,377 37,942 ! 10,482 580,915 1~257 582,232 2,:wo fiS4,492 206 I 207. Itosebud .. 4.2.54 4fl,309 144,374 1 650 45,452 11,157 I 137,724 . . 136,04-ii 1,678 137,724 800 138,524 207

208. Rusbworth 15.4.12 89,989 1" 4''7 I 3,969 90,223 14,516 4,656 214,fi88 3,,)15 218,103 3,300 221,403 208 ,), ., I 209. Rutherglen I 1.10. 98 128,148 :14-,192 6,558 123,298 2ii,633 1!),965 33;),752 25,6ii8 :~.015 364,42;) 530 364,955 20!)

210. Sale 1 10.11.80 446,294 !H, I 01 15,265 461,993 64,896 28,770 78G,2t;2 [,0,631 8,3!H , 1')45,185 11,050 856,235 210

211. Sea Luke 26.5.26 128,288 12,510 4,661 109,089 25,708 10,062 208,802 1,640 270,503 1,500 272,003 211

212. Seymour .. 5 l.2.08 4H6, 116 !26,205 11,!)07 485,(\79 84,092 37,457 ii8i'i,022 230,044 (),388 830,454 2,150 832,604 212

213. Shepparton 5 G. fJ. !)7 I,Ol8,fi48 188,766 :34.16:3 !189.56fJ 173,()87 78,~~21 1,737,fJ2fJ 169,808 ]0,065 1,H22,803 5,820 1,928,623 213

214. St. Arnaud 5 1.2.87 367,771 515,010 1i,3!l3 368,4()1 ;)8,330 16,3tl:l 748,112 211,783 7,370 fJ67,207 1,:360 !)68,827 214

215. Stawcll 7 22.4.80 484,48fJ 7!1,423 1!!,863 467,713 88,091 27,!)71 844,510 26H,041 ~1,513 1,122,064 5,880 1,127,944 215

216. Stra.tford 15.7.20 74,1<17 14,618 2,6()8 7:),297 13,684 5,401 144,230 1,114 145,345 100 145,445 2Hi

217. Swan Hill [i 18.1:!.12 408,350 !13,883 19,552 4-fl6,lfl8 61l,30S 7H,2i8 !)~8.534 167,343 10,18i 1, 101l,Ofll 2,000 l, 108,061 217

218. Tallangattn 4 18.3.12 179,645 2(i,299 0,033 J()2,7ii4 39,860 12,362 :n3,069 ; 186,8fi!) 4,03il 503,973 150 504,123 218

219. Tatura I 1.5.14 243,712 34,3!15 7,183 ~00,826 24,60(\ 50,o28 427,\J!JI 2,077 430,0(;8 1,!)50 4:J2,018 21!1

220. Terang 2 1.5.00 270,7~2 10,515 210,502 :~1,400 29,0tl4 5fl3,38:l J:l,OilO 3,46() 560,881 2,970 672,851 220

221. Trablgar j 10.11.24 2lii,l81 8,348 21:~.009 4ti,O:H 2,;)7(\ J 13,781 4,016 468,72!) 3,£500 472,2:l(i 221

222. 'i ;:aralgon a 16.11.0fJ 5\Jl,li43 148~7\J;) 11, '71\) 009,609 116,434 32, llii 12!5,2.)8 \188,1J!JO 3,7:~0 0!)2,420 222

22:3. y,·ttngn.ratta 5 24.H.OO 840,3\ll) !42,8!)8 :!8,588 843,042 02~702 82,142 70,:125 1,605,888 !i,460 l,lll2,348 223

224. \Vu.rlmrton ~.7.28 lU2.1 :~8 :J:J,OM 4,884 181,879 :2~~, 117 111,918 257,0!17 1,800 258,8!!7 224

225. Warraoknabeal I 1.10.07 00,700 !(),(lOO :J59,972 i 03,607 3!1,71;) i 10,591 1,002,303 2,0!10 1,0(•4,3H3 225

226. W ttrragul 2 16.6.02 ' );)3,663 W,1l2!l li40,349 ' !l(i,404 13,777 83,824 I 1,1 Hl,Ul :~,150 1,122,391 :!2G

227. Warrnambool :! 23 )].;)\) J:l'i ,143 :JO/ib·l ~.();), 78:1 71,()0() \)0,130 ci,\)!)4 I I 1,6/il,B07 4,u;30 l ,6SU,547 227

228. Werribee .. 3.fJ.2l OG,tl8:l J:1,,)(i7 401,31!) ii0,81G :30,0·14 702,41() ~,8;)0 76;),2/:i(l 228

229. Wodonga 4 1.2.12 :~Dl,UK2 !)3,'.121 i .. i,(\28 4 J :l,liil ;)9,346 2H,~ia3 745.9~;') l :i0.338 881,98.1 1,350 883,335 2~B

230. WonLhaggi 14 .u. i l ,111 ,!l+:l 47,280 l:l,ti4li 4111,209 4-7,ill3 8,14;) 6H3,88:~ 703,121 860 703,tl81 230

231. Woodend 14. 11.·27 111,1)<57 28,172 4,07:3 1111,40;} 21,130 3,37U 22J,!l(i:2 223,501 1 .o:Jo 224,531 231

232. Wycheproof 16.6.24 108,~307 :W,6::10 4,S"27 )2fl,:!lii J:'i,643 !I ,001 280,:2:27 281,236 3,450 :284,68(\ 232

233. Yackandanclah :25.3.12 67.6;'58 14,341 :l.404 69,060 ll ,575 4,7G8 Hl7,023 108,030 500 Hl8,530 23::

234. Ynl]ourn .. 10.2.23 -17ii,3!H ?lt,l56 469.053 1 Oii.029 1,401 o42,89;:> 64!l,043 f!IO G49,!J:J3 234 1:::)

235. Yarram .. 1 !.6.12 :234,226 33,800 22il,584 :~5.179 500,230 14G 505,02:? 1,280 506,302 235 1-'

236. Yat.TfHVOnga 2 2.0.12 ilii0,564 42,713 346,180 46,010 51i1,4Ul 88.!;o:J H53,83.J 653,83;) 231l

:!37. Yea I :.HL:L 12 137,822 26,805 131,777 41,506 318.384 11, 1&1 :1:J:J,i)():J :l,410 334,912 :.!37

In Tra.n"it, net -25,556 2.403 5G.3~Hl rJG,3UO 56,B(J9

461 !.)0, 187,8:20 30,555,763 4,4og,SI7

..... ~ ...

SUMMARY STATEAU~NT of The State Bank of Victoria for Twelve Months ended 30th .Jntle, 1954. ......

Number of Depositors and 1'-ransactions. CD en ---- ---~-~---

"""" Number of Depo;;itors. Number of Transactions. I I - -----~- --------·--

I I

l).,creuso. I Number Date of I

Total Jlank". I of Opening. Accoun~'l I Agencies. l Increast>. Exchi~nc v1 ot:uuu• .ou.ut\. At:~.:vuut>~.

~lalPs. F'emalc:s. :"':"-~::'..?:"-~ i Rena.ymenb. · 1"'0<.1-H Total. Opened. ,

1. Elizaheth.atreet, 11-Ielbourne .. 178 l. 1.1842 1\l,;)/1 17,185 2,386 1 .. 155,621 I 76,193 231,814 131,218 100,596 1,497,233 714,071 889 2,212,193 1 1 2. Bourke.street, Melbourne 10.1000 1,010 1,012 ! 2 13,263 ' 13,263 8,114 5,149 38,832 27,340 418 66,590 I 2 3. .Fiinders·street, Melbourne .. 2.10.11 297 347 50 20,829 ! 20,829 1;3,115 5,714 32,286 25,007 136 57,429 3 4. Swanston·street, Melbourne 11.2.23 ::1,493 3,672 179 35,854 . 35,854 16,401 19,453 183,071 133,351 1,073 317,495 4 J. Swanston.,tre~t. (Central), Mol·

114,835 I bourne .. 2.3.42 2,816 2,250 566 15,848 15,848 8,895 6,!!53 123,797 495 299,127 5 6. Western Bmnch, 'relbourne .. 18.12.24 i 1,057 56 8,472 8,472 7,047 1,425 ii4,814 ! 44,876 914 100,604 6 7. Abbotsford .. 16.2.85 939 67 I 15,980 li'i,980 IS,500 7,480 39,076 27,849 203 67,128 7 8. Abbotsford North 17.4.39 640 623 ,- l 6,414 6,414 :3,407 3,007 31,!!62 23,226 92 55,280 8 I . ' !l. Albert Park .. 30.11.23 806 865 rm 9,34;3 U,345 4,510 4,835 36,503 27,886 104 64,493 9

10. Alphington .. 24.5.28 207 • 215 8 2,366 2,36() 1,211 1,155 12,805 7,884 336 21,025 10 ll. Arma.da.le .. 18.4.10 551 i 638 ti7 6,514 tJ,;il4 2,822 :3,692 32,944 23,366 174 56,484 ll 12. As cot V ale .. 2.11.10 l,lii5 : H33 2:?2 i I 11,2;)9 11,239 ;),5 J:j ;3,744 4~,6~2 I 33,543 502 82,707 12 13. Ashburton .. 23.3.42 990 i 4UO 521 (),193 6,193 2,734 3,459 1 31,0;)9 I 27,287 607 64,953 13 14. Auburn 10.6.24 404 i 426 22 3,521 3,521 1,684 1,837 : 18,133 . 12,410 19 30,562 14 15. Auburn South 10.3.24 4ll ! 446 3" I 4,100 4,100 1,853 2,247 : 22,355 ' 18,358 167 40,880 15 ~ .. i)

16. Bala.clava .. . . 16. (1.12 90() I 994 88 10,960 IO,fJ()O 4,946 6,014 48.348 36,728 217 85,293 16 ~

17. Balwyn 7.7.26 835 130 101) 7,675 7,{)75 3,399 4,276 ' 44;335 32,5!.14 • 746 77,675 17 18. Bentleigh 2.7.28 1,772 585 14,109 14,109 . 6,706 7,403 ! 77,846 52,883 I 1,788 132,517 18 19. Blackburn 6.3.30 823 410 4,804 4,804 2,334 2,470 27,266 20,160 . 421 47,847 19 20. Black Rock 27.4.28 545 387 158 i 4,090 4,090 1.927 2,163 21,622 l8,0flll 210 39,900 20 21. Box Hill .. 1.2.12 1,039 1,3!)8 541 l 13,743 15,743 7Jll 0 ! 8,124 75,715 61,!)41 1,2Hi 134,572 21 22. Box Iiill South 11 .z.5:~ 706 llO !i9o 1 1,570 l,ii70 7!3 . 827 11,528 7,fl58 . 259 19,445 22 23. Brighton Middle . 29.11. 90 !l03 : 888 li) 10,032 10,032 4,n72 ;3,460 49,710 42,866 1 478 93,054 23 24. Brighton North 6.5.15 737 I 833 H61 8,720 8,720 4.008 4,712 42,309 32,161 I 417 74,887 24 25. Brunswick .. 4.1.86 1,()7;) • 1,966 291 29,917 2!J,917 15,594 14,323 88,367 64,739 i 705 153,811 26 26. Brunswick East '. 27.5.18 671 l 716 45 . 7,158 7,1:i8 :3,829 3,32!) 29,787 18,074 187 48,048 26 27. Brunswick West 4.12.39 :'i79 I :3!J4 15 ! :3,963 5,963 3,021 2,942 32,462 21,648 ! 591 54,701 27 28. Burnloy 28.7.22 46ii 520 65 I 6,766 5,766 3,167 2,599 26,539 17,522 106 44,166 28 29. Burwood 28.6.38 801 • 443 .. i!,768 il,768 2,712 3,056 32,846 25,92:3 69:~ 59,462 29 30. Camberwell 18.3.08 844 1,058 214 10,749 l0,74!J 4.431 6,318 55,191:1 45,939 598 101,735 30 31. Camberwell East 10.6.24 209 177 1,681 1,681 697 984 12,890 10,741 66 23,697 31 32. Camberwell Junction .. 13.2.39 1,13;) I 957 8,795 8,79·i 3,617 ;),178 58,460 44,245 799 103,504 32 33. Camborwell South 1:3.4.29 2/6 I 342 66 3,234 :3,234 1,373 1,861 21,705 16,790 260 38,755 33 34. Canterbury .. .. 16. 9.12 595 669 74 6,219 (),210 :2,906 3,:313 40,809 31,871 286 72,966 34 :35. Carlton I. 3.82 1.104 1,017 87 .. 18,753 18,753 9,695 9,058 37,027 24,765 139 61,931 35 36. Carlton North 24.7.24 472 :333 I (lJ 5,563 5,563 2,915 2,648 20,199 13,220 47 33,466 36 37. Ca.rnegie .. 14.5.23 1.020 921 99 9,721 9,721 4,672 ;),049 .'i5,494 40,189 883 96,566 ' 37 38. Caulfield East .. .. 21.2. 13 649 808 159 8,082 8,082 3,896 4,186 36,949 27,998 296 65,243 38 :m. Caulfield South lf>.9.24 574 759 .. 185 6,723 6,723 3,225 3,498 34,025 23,281 558 57,864 39 40. Caulfield We.~t .. .. 17.10.21 443 5ll .. 68 5,112 5,112 2.189 2,923 1 28,878 22,340 267 51,485 40 41. Chelsea .. 7.7.26 912 690 222 7,140 7,140 3,459 3,681 I 38,473 30,473 I 318 69,264 41 42. Cheltenham 22.12.13 822 603 I 219 .. 6,599 I 6,599 :3,409 3,190 33,374 24,860 431 58,665 42 43. Clifton Hill .. .. 1.4.8!) 729 7891

::262 I 60 um1 I 11,017 5,574 5,443 35,003 24,320 89 59,412 43

44. Coburg .. .. 29.5.13 3.022 919 24,380 24f!380 12,029 12,351 113,840 76,499 2,521 192,860 44 45. Coburg South .. •• I 5.5.52 170 • 1,447 1,447 723 724 11,635 6,1Jl7 197 18,74!) 4.1

46. Coburg West 5.1.54 2,779 ( 41 2,738 2,738 2,738 1,302 1,436 13,276 4,794 262 18,332 46 47. Croxton . . 16.5.23 517 511 6 5,813 .. 5,813 2,949 2,864 30,568 17,244 299 48,lll 47 48. Croydon . . .. 3.4 .28 738 400 338 5,282 5,282 2,506 2,776 26,114 22,333 237 48,684 48 49. Darling 6.3.30 322 286 36 3,173 3,173 1,424 1,749 21,228 16,069 269 37,566 49 50. Elsternwick I. 7.07 1,090 1,221

131 I 12,841 .. 12,841 5,679 7,162 62,008 48,096 565 110,669 50 51. ]~!wood . . .. .. 24.4.23 466 482 16 4,913 .. 4,913 2,071 2,842 25,545 21,31:ll 113 47,049 51 52. Essendon .. 26.9.13 889 I 821 68 10,520 10,520 5,241 5,279 51,342 37,318 726 89,386 52 53. Essendon North 18.1.28 944 I 667 2Ti 8,744 8,744 4,400 4,344 46,426 30,126 1,251 77,803 53 ..

702 ! 54. Fairfield .. .. 24.5.16 680 22 8,860 8,860 4,442 4,418 44,521 30,559 777 75,857 54 55. Fitzroy .. 1. 3. 79 1.253 I 1,297 44 32,660 32,660 17,436 15,224 58,524 41,079 311 99,914 55 56. Fitzroy West 1. 5.24 603 443 WO 5,423 5,423 3,083 2,340 17,642 12,464 70 30,176 56 57. Footscray . . 2.7.87 2,893 2,322 571 37,361 .. 37,361 20,049 17,312 135,199 89,903 1,815 226,917 57 58. Footscray South 8.12.41 348 305 43 3,065 3,065 1,564 1,501 16,524 10,184 105 26,813 ' 58 59. Gardenvale .. 26.1.21 498 550 52 I ."i,l98 5,198 ?,395 2,803 30,057 23,774 328 54,159 59 60. Glenhuntly .. 26.1.21 654 732 78 7,802 7,802 4,144 3,658 42,963 30,099 519 73,581 60 61. Glen I riR 15.5.29 377 386 9 3,925 I 3,925 1,661 2,264 24,565 19,934 451 44,950 61 62. Hampton 29.9.21 951 . 831 120 9,825 9,825 4,551 5,274 45,681 35,197 1,042 81,920 62 63. Hartwell 19.2.30 525 I 524 1 6,345 6,345 2,884 3,461 38,601 26,828 856 66,285 ' 63 64. Hawthorn 2.8.88 618 790 172 ' 11,252 11,252 5,466 5,786 35,742 27,228 i 168 63,138 64 65. Hawthorn North 19.12.38 397 406 .. 9 3,267 3,267 1,362 1,905 20,169 15,599 125 35,893 65 66. Hawthorn West 30.4.25 331 404 73 3,441 3,441 1,652 1,789 22,336 i 15,595 110 38,041 66 67. Heidelberg .. 22.12.14 753 500 253 6,478 6,478 3,205 a,273 29,121 20,619 515 50,255 67 68. Hughesdale 27.2.30 417 383 34 3,578 3,578 1,667 1,911 22,890 17,128 ' 431 40,449 . 68 69. Ivanhoe 28.4.20 1,457 904 553 12,228 12,228 . 5,557 6,671 65,859 45,834 i 967 112,660 69 70. Kensington 20.6.21 438 520 82 6,333 6,333 . 3,417 2,916 24,870 l6,8!H I 90 41,851 70 71. Kew 12.2.02 l,Hil 1,0!18 63 12,302 12,302 5,384 6,918 61,412 ' 49,763 559 111,734 71 72. Kew East .. 11.8.26 817 657 160 7,393 7,393 3,260 4,133 43,637 31,611 808 76,056 72 73. Malvern 16.6.02 1,084 1,196 ll2 13,045 13,045 5,690 7,355 60,148 49,413 436 109,997 73 74. Malvern East 3.4.28 323 296 27 2,948 2,948 1,161 1,787 20,070 18,308 108 38,486 74 75. Mentone I. 7.27 914 657 257 7,001 7,001 3,444 3,557 36,094 27,380 518 63,992 7Fi b:) 76. Middle Park 2.3.08 459 478 19 5,262 5,262 2,559 2,703 23,333 1 17,924 54 41,3ll 76 CJ,:)

77. Mitcham .. 13.3.30 705 420 285 5,133 5,133 2,615 2,518 26,718 18,208 281 45,207 77 78. Mont Albert 29.1.30 283 269 14 .. 2.684 2,684 1,183 1,501 19,142 15,549 226 34,917 78 79. Moonee Ponds 20.3.99 1,904 1,697 207 21,898 21,898 10,654 11,244 96,861 71,651 1,347 169,859 79 80. Moorabbin .. .. 8.5.51 925 304 621 3,373 3,373 1,586 1,787 21,398 14,237 470 36,105 80 81. Mordialloe .. 27.11.14 562 574 12 5,342 5,342 2,707 2,635 24,541 19,568 268 44,377 81 82. Moroland .. 22.12.13 1,103 1,328 225 15,130 I 15,130 7,592 7,538 68,124 47,825 710 ll6,659 82 83. Murrumboona 15.9.24 565 549 16 5,759 5,759 2,748 3,0ll 33,862 2.'),520 585 .59,967 83 84. Newmarket 1.8.90 ;)liJ 568 .. ;)3 9,941 ' 9,941 5,497 4,444 29,146 20,7.51 125 50,022 84 85. Newport 9.8.1.5 8!10 759 131 .. 9,708 9,708 5,487 4,221 46,921 31,947 802 79,670 85 H6. Northcote 2.4.06 897 1,015 118 13,264 13,264 6,766 6,498 53,921 37,426 773 92,120 86 87. Northcotc South 2.1.31 433 551 liS 4,633 4,633 2,342 2,291 27,146 18,165 136 45,447 87 88. North Fitzroy 1.3.90 763 934 171 13,399 13,399 7,227 6,172 39,943 27,420 186 67,549 88 89. North Melbournf' 1.9.82 1,068 1,093 25 22,470 ' 22,470 12,515 9,955 49,235 35,460 109 84,804 89 90. Oak1eigb .. 13 2,313 1.653 660 20,466 20,466 10,399 10,067 96,886 66,392 1,757 165,035 !)() 91. Ormond .. 825 739 86 8,204 8,204 3,816 4,388 48,227 32,539 1,313 82,079 91 H2. Parkdale 28.10.52 721 :wo 521 2,353 2,353 1,006 1,347 15,977 11,037 240 27,254 92 93. Port Melbourne 1. 3.86 1,053 1,020 33 18,142 18,142 9,694 8,448 55,419 39,894 1,405 96,718 93 94. Prahran .. 25.9.79 2,lll 2,229 .. ll8 32,935 I 32,935 14,563 18,372 89,363 64,885 458 154,706 94 !l5. Prabran East 26.10.12 567 557 10 .. 5,870 5,870 2,739 3,131 27,737 20,741 52 48,530 95 96. Preston 1. 7.20 889 825 64 .. 9,765 9,765 5,224 4,541 42,905 30,917 965 74,787 96 97. Preston East 12.9.27 697 539 158 6,569 6,569 3,305 3,264 33,829 21,632 975 56,436 97 98. Preston North .. 1.4.40 1,017 605 412 .. 7,646 7,646 3,823 3,823 43,446 26,453 1,107 71,006 98 99. Regent .. 25.3.29 631 494 137 .. 6,685 6,685 3,430 3,255 34,979 21,825 1,035 57,839 99

100. Richmond .. 1.4.80 1,217 1,274 . . 57 22,707 22,707 12,728 9,979 56,885 38,887 206' 95,978 lOO 101. Richmond South ll.12.02 997 1,035 .. 38 14,555 14,555 7,557 6,998 45,855 30,109 225 76,189 101 102. Ringwood .. 15.10.23 1,214 707 507 7,872 7,872 3,828 4,044 36,653 27,102 407 64,162 102 """ Cl) 103. Ripponlea .. .. 19.10.20 309 351 .. 42 3,394 3,394 1,597 1,797 18,338 12,711 79 31,128 103 en 104. Sandringham .. 9.12.12 827 746 81 .. 8,341 . . 8,341 3,872 4,469 42,576 . 35,080 713 78,369 104 lf:lo 105. Seddon 15.11.22 241 264 .. 23 3,169 3,169 1,777 1,392 14,596 10,813 97 I 25,506 105

SUMMARY STATE~IENT of The State Savings Bank of Vietoria for Twelve Months ended 30th June, 1 D<~)4, &e. --continued. .....

. CC) Number of Depositors. Number of Transaction;o:~, <:11 .

~

Date of i Tnt.:1l Nnmh~·r of Ont>n Ar>f"nnnt.-. 9t : llank,;.

l)~,n.,h.,.

Aecount.s i Incrmu~o. i l)N·rPa,.,o. J:i."l\/IU:HVl~ Vl OCO\JlH J)(tlll\ ~---l.CGUUll\,1:>, }[ales. F('ma(c~. Closed.

106. South Melbourn<: iUUlO 1.250 .8 26,220 ! 26,220 1:~,0i:iU 13, Hll 41,230 169 99,()64 l()(j 107. South Yarra 17 .4. B9 893 8 10,810 I 0,810 5,082 30,185 ll3 68,721 107 101!. 9.9.2!) :~33 ii2 2,879

I 2,87!l 1,701 IO,ii80 :HI 27,163 108

lOll. Georg<<'H'oM!. "l"orth .Fitzl'oy 21.7.24 :l98 19 4,528 4,528 2,3:36 lii,228 138 37,H49 IOn 110. St. Kilda t. n .Si 388 32 7,114

I 7,1!4 3,762 11.432 !16 26,8!12 llO

L U. St. Kilda South !-l.8.2:l !Hi3 51 6,290 (),2!)0 2,743 :m,35!l 21,305 143 50,807 lll 12. St. Kilda \V•·st 21.10.14 1,011 7ii 8,436 8,436 3,884 3:5,8MJ 29,210 lfi5 65,224 ll2 13. Sun~hine 11.<3.14 1,482 3[!) ll,221 11,221 (),547 f.>4,3J 1 41,510 744 106,595 Jl3 u. Hilb 21 .n. w 44!1 36 5,204 5,20-1 2,451 30,693 22,752 407 53,1H2 114

I 15. l.3.H> \),)() 1,207 2.37 12,66!) 12,6';!) ' 6.36~ 61,135 . 3fl,88cl 97!) 101,998 lli'i I 113. Thombury W<•"t 2-L3.51 1 1,3;)2 t\ 1,8-16 I ,3-Hl 1,3!3 i 5!);) 5,360; 1,892 84 7,:336 ll6 117. Toomk :1.3.21 li3!l ,}34 l().) ii,iiOI 5,ii01 2,032 27,319 : 21,s:m 84 ' 4!),232 I I 7 118. Tuoeonga (i.!J.23. 39!) 453 i"i4 4,738 4,7:!8 2.2:lJ 27,172 10,761 181 I 47,114 118 L 19. Vietoria 1\'l;u·k··t ID. I .8\) . 88:3 87i} 8 10,2M .. 10,204 fi,614 3,1330 55,907 :?2,311 287 78,50.'\ 11!) 120. \Villiam,town 14.2.87 776 81)7 [·>') 13,\J.!!l 13,94!) 7,411) 6,5;{3 ;};),.)t_)7 !2,603 3;}2 98,622 120 121. Y arra ville ~ .3.10 912 803 104 10,899

ii!l21 10,899 ;),000 4.93!1 ·~6.WI :-12,;)34 424 1!),14\l 121

12:l. Alaxandra .. I 28.7.21 497 3ti3 13l 2,fHO 3,202 !,Sill 1,3ll 1 :J,o:u [),812 fin 22,[)6\l J'H 12:3. Ararat !l 8.8.03 546 52! 22 6,!l5fi 1,6();) ' 8.620 4,().)J- 3,96() 2f>,J,:JI 18,344 I no 44,fi8.'\ 123 1?4. Avoca 2 .4.12 1BO llG 14 ' 1,974 1;!)74 1,111 868 ,),72 ~ 4.318 ;) 10,04 7 12·l 125. B:wchus J.Ia""h •1. 3.12 ~72 20:l i ()9 I 3.472 3,472 UJH t.n28 12,770' 8,070 8() ::>0,926 J2;i t-.!l 12(L lhi msdalc .. 8 L'i.2.8() 8132 717 145 i 10,(108 a,s,·-.z 14.760 . 8,1 ')[ 6,609 :t~A 77 27,310 SI !i0,8138 l:W """ 127. R1lbtmt Hl [;j. 11. i'iti 2,130.) 2,201 404 I :38,873 4,81il 43,692 23,4!)3 i 20, ]()[) l18,\li)4 Sii,:l74 21! 204,i)I2 127 12H. Ballant B1't li'i. 7.40 !i2•l !06 JIJ8 0,4;38 6,458 3,0!).) ;{.:363 :30,056 18,722 l ;; 48,7[)3 128 120. Beaufort 213.2.12 182 142 ·10 2,239 2,23[) 1.:!7:! l)(ll} {1.881 5,2lH 20 12,123 12[) 130. Beechworth 2 G.!-l.!l7 :l:lil 201 :?8 2,736 471) 3,212 l,<").,)j 1,40.) !l,l!'i 6,073 rl,) 15,865 130 131. Bel~rave l.ll..'il ;'')71) 2fil 309 2,041 2,041 tHJl ' 1,140 1:{,(i!l7 12.212 152 26,061 131 132. Benall11 ;) (j .ll. !)7 72~ 138!) 13i'i 7,\)()4 1,762 0,72\l 4,542 28,417 22,393 76 !i0,886 132 133. K 17.3.56 2.41:1 2.048 :J6;) :{fl,298 3.533 42,8!ll l!l,fi\lS 102,687 79,607 2fH) 182,584 1:13 l:i4. !) . 11 . 2.) 71-1 71 i 1,033 1,03:1 ·!07 3,001 1.867 28 4,8\l(l i 134 J:J.). llirchip 20.1. 2li 1:10 101 2!J 1,r.•1a I,M3 7i)2 4,60/ 3,()!} I i.j 8,343 1 1 !l•i 136. Hnn1·t ti ll.i'i.l•! 2!l!l 282 7 1,674 1,\l.};j 3,()2)) I S,38.) 6,!l0ti 2:2 1·1,313 i 136 1:17. Bd.~h t 2 4.3.12 UiO 138 ' 12 1,43i 58(i 2,020 7,;if)l 4,'!67 8' 11,976 1 1:37 1:.18. Camperdown t} ! 1. 11 .O.::i f'"' 495 131 5,764 n, w2 5,0Gi 23,77·! 16,727 i .~ii 40,556 1 1as ).:..0

13!l. C;.~stnrton 3 LIJ.2.12 3/i) 303 72 '1, 101 l 4,\)82 2,702 l;l,5iJ.J 8,9():) I 6!) 22.f52(i i 13!1 140. CJ.stlmn>Lino .. () I 1.12,5.) 6"" 585 67 10,431 l, 108 ll,5:30 ' f\,;380 3;'.i;4:32 26,381 I 34 lll ,84 7 140 ··-141. Charlton 4 I5A.l2 24t :J17 27 2,4!6 IAli :~.86:{ ! 2,273 9,954 7,608 28 17,fi\l0 Hl 142. Chiltern 2.4.12 . 73 1-\{) 16 1,237 1,2:n 723 3,7t8 2,787 (\,!)3;) 142 14:~. Cltme.> 2.-4.12 7\) 8!) 10 1,203 1.203 699 3,836 2,762 4 6.602 14:1 144. Cobmm 7.7 .:lO :3H 223 131 2,426 2,426 1,:374 1,052 U,272 ii,G!iO 72 14,!l94 144 145. Cohtttm 2 8.!l.24 2tH, 186 78 2,488 (\ii6 :3,144 1,737 1,407 !1,001 •">,HOH ~:! 14,929 ! 14:> 146. Coho 9 i 10. l:l.OO I, 1!)8 ; 1,04!) 14!) 12,826 4,.)10 17,336 0,4H 7.8!);) 48,206 34,(i0;i 257 8:l,0>181 I 4H 147. Colcraine 23. I .:ll 207 161 46 2,476 2,47n 1,3n.i 1.111 7,0;1;'; il,0,)4 61 12,160 147 148. Creswick ;{ 6.!l.!rl ! lii) 130 45 1,7()4 UOI 2,3!)5 IAOI 094 7,156 '~,413 12 11,.\~1 , 14H 149. D>Lndeuong .. 13 1.11.11 l,\156 1,323 fi33 1:3,697 ;1,608 1\1,30·3 10,190 !),106 72,7Hl 53,74J ·4:3;'i ' 12(},9/() 14!) 150. Daylesford ;{ 10.3.86 :184 403 HJ 5,223 1,041 ll.264 3,582 2,682 17,602 12,214 4fi 29,862 Hi() 151, Dimhoola 1.6. 12 22!) 17(} ii3 3,ll5 3,115 I,G52 1,41)3 fl,352 7,0()6 40 16.4/lS 1i)J 152. Domtld 15.4.12 25:l 170 83 2,810 2,810 1,60:~ 1,207 7,946 0,814 f'' 13,81);; li\2 • •.1

I i\3. Drouin 2 23.11. 16 41>0 329 131 3,127 1,269 4,396 2,.')10 l.88H 14,3.)1 H,72fi \).) 24, l'i~ 1!);)

l;).~. :!. A. l:l 8:! S:.l L:.l:l:.! 1,:.!:3:.! (i!)O ;)-!:? ±,Oli:J :.!.71\l ·> H~7BU J;)l . . . . jl);), a. 7. 8j I ~07 1\16 ll .. 4,210 764 9,888 l:l~ l:l 17,0:1!) J;),'j

um. 2 7' 12.80 ():.![) i:iiili 73 1.710 9,694 2l,Gl6 I 74 H,:nz 1 :m l.}-;'. ~Ln.Jre 1:3. ;) . :.ll IIO 116 1-l J.mr1 !)-10 (\fjl) -t.:w;; 1 3,1l5l -Hi t.ntu li\7

l:>S. Eu~'!Ytr L>.G.O:-> :llo ::!!\-! 46 4.2fi(i :!.402 i I,SlH i:l,7 LH 11,06:! ,)[ 24,831 liiH

109. l•'<"c.nkRton :-; ::li.S. U I ,47! !)j;) .)lfl 11,02i ;)~;):!4 :)j,47H 42,271 :u:; !J:i.OTi L1!J

lii''· :)O 1.1. tsr~ 4.4:.!1 185 u:Jti .):l,SU :lS,il:.l! l(')ti,8S;3 11 !),!)();{ 1.887 30iU!35 160

LUL 10. Ul:.lO 770 :;:~o 231 I \),474 .)~~no 4,~.n~t 3;),11)7 :l1,56H 2.j:Z 56,9:!~ H\1

162. 1;1 ;j 11 ,(i:.! I.:JZ:J !178 3!4 1 IS,OO:l 10,:333 7,670 43,45± 3!,:!.91 llS 7±.87:3 Ul:l

16:!. Healewil10 23. i jj) ~;)() :l[)3 3 :l.Ol:l l,ii-W I 12,HD~ JO,WO ;;:j 23,114 W:l

164-. He.ttheote l.i ±. 12 !lS ! l:l:l j,") l ''llD 1,051 4.61iil :t:Wl ,; 7.892 Ul-l

Jtj;), Hop~toun l.l.L:l'i [.).; 101 ;);) l,tHiO ll8:l ()78 ±,870 l!l:l ll,-UG l!lii

Lt\f5. I-Ior.'>irml -1 !J. ii. 0 I ' .stm .'\11 ii8 l:l,7J:l -; !i,]\)!) :J::;,so:; 17:3 U-l,!lll lti!l

167. Tng\ew,>t>d :J L!J.2. U I iJO :Hi -17 3,384 I ]Jj-1~ 7,.)fl0 :; J::l,3tl.'i l()7

IlB .• J ap crit I;). :l. :>.l !),.; fit :H 1,4-i\4 8.)4 tHO ~ •. >3~ ')·) R.-1:74 ! fiX "-I ~·YJ. ~'-:v.li\"t( il.1AS Ll-l 10:! 12 1.30}) HH .)!).i :1.$3! :t! n.:J.>8 lH!J

l 7D. !\.ot.uL.·~ ,) l.!l.ll .).)() 4-Hi ' I 0-l :!,OW 7,";,);) -!,3;)8 :!I,;)OJ :3:),:!1),) I 'ill

171. l:i!m -,:·,. 4-.::l 12 I :lll l:lii (j 1,7();) Oi':l 731 ;),3'1~ 3,;).1'3 •2+ S,'J/0 l i I

I 1~. ~~uu.\vn,~ r·trp :! :l. ll . <,; loll u:; 66 I~ 1 fH) 17\l 1,n:; 7ti-i :,st .), ,)~)J :~~():)2 :·s ~ H.:~.)O 172

173. ~-.()!'Jit :ltUl.20 [.)7 !Oil -l8 ~,3:2!} I ~,3:?d I ,:l:~:l ;)(!;:) U,13.'l 4.877 (j 1l,:1lij Ji:l

174. :<-m·•unbarra tl : UL6.02 HH 4G 47 4.7\J:l 2.8UI 'i.f\.i:l 't, ~JI 1!!:.!! 20,:l:l:l IG.o:>:l 4-G :{3,9.'\2 174

ll.G. 14 .))[ ,)1!1 32 3 I

5,(J:l:l .. :3,0 )) :l,7!H 17,:lJ :l l2,78J ;'57 :lO.L)l I l7;'i ,} ! G.3.GL 4·)4 .J.07 i .. G.4Hi Ui:ll 7.~rn 4,:);) l IHA/.'i 14,:l7J :!'l l 1!1.2.12 142 110 3·> I, 10,) .j:it) 1,\HL :):),3 ns·; ;;~ s:~-~ 1,328 .. ·• 8 11.:3.12 707 I 5.)1) 1.17 t,G;n 3.7!l:3 H,3:Hi ~.7()i) :J .. )/'0 ·J;_t.~hl:) w,:;:n -l,-1.

:ltJ.2.l:l :3.):3 27:3 80 3,:!Bli :l,'H.i 1,fl'U l,4:l7 1 :l,n:ln 8,70\l !)!l ;l 27.2.14 :mo 1 ;H,; 70 4,tns :w; '~,!J(:LJ :l,K70 lll,l01 11,23),1 l2!l

l. 8. 07 11 :) 1a:; :lO 1,:57± 1,574 !) 17 f) ,IS.} 4,74-a 15 182. :'vhnsfie1d + I. I :l. 11 :lOO 277 1;:) 3,030 l:l.! :pn:; •) ·))S !l,:lO~ l,lil-1 :3;; un. :1Iarybornn~lt 4 13.7,;'5() ,'),)-! ;)08 tli 8,86\l 1.2-l.!l 10, I I il ;:~31) i 2'l,tfl.i 2'),521 77 411,003 ! t:;:; t.:)

184. ).Ierhein 30.10.28 :lOci :201 j) :l,Oll::l :3,0.3:.! 1.778 lj,\)31 I :l:l w:111 1 J:a Cil

18:'5. }Iildura 4 4.4.10 I .!JdO !)()± 1/ti 13,31!) I ,2:38 1-1,;))7 a,:l ;:1 1>,:30-i :n.t67 1 lti;1

180. :VIinyip 2.6.:!i) f) f) 104 8 1/11\l 1,4JD idJ. il:l5 3,():);) , 7,!\33 : ltili

I 87. JV!oe 3 Hl. 2 .4'l 7G\l 48t} 28:3 3,699 l!lS :l,S!)7 :l,OH l,S:l:l 13,iitl i ,)\) I .ao.un llii

I S:l. i\Ioor<\o pnn 3. (),4.) :l:l-~ 1U 1\l) i 1,:H7 1,317 718 ii!Hl 3.~)7.) ; 17 lO,:ll:l 1St>

18[), )1ornington i HUl.l2 /GO I l,l4G :1SU I 3,-111 :l.o:lt ;'5,1~.) :!.'lll ~/i74 27,3f17 . to:; 5!J,7()i) 189

lflO. :11nrtlake 28.11.21 HI ltiO' H7 2,30:! 2,:302 !,:.!,;:) 1,0:33 4,81ii i 12 l:l, l!il )\)()

l!}l. }brwe11 -l IO.ii. 17 !llii 744' 171 5,7)'j:l ~~()J2 8,4:J.) -l,DOc) 2:!,3-l:J 41 ,'i 1 .-14'5 L(ll

1 !l:l. ,\:Tount Benuly 10.1.50 :!43 222 121 1,087 1,0~7 771 fi,Oiill :,::(} 13.ti8:) Ul:l

]()3. lllmtoa. IL:l.l:l 121 IU 8 1,870 1,870 1,0;B S3J ;), 1::!-! HO 11,377 193 l }}4. J\lyr·tleford s.2 :m :l:l:l l!H 32 j,tl:) :l, 11 :) 1,211 !Hl ~ ;;, 123 3 !Ul7U W4

tn,'i. X::\~-nnhit" J.).l:l.2•) 124 10.) Ill 1,3DG 1,301) HW ;):)() 3,392 11 I !HI. N:tt.!nli.> 27.10.21 1.80 1:3!5 43 1 ,SYi I 1,8:)7 ; 1,018 :-;:j'J ' i,40.) J;J

l!l7. Nhill 14.10.12 :n:1 30:-i 21 4,33.) 4.33.5 2,29!) I 2.():l') 1 n,n3 83 1!)::!. Numurkah ,) 1.11.12 3.i7 226 131 :3,338 ;}.)7 :l, [4.) . 1,:-100 !1,76:.! :J3 1!18

199. Oroost 19. 10 2L 2ci8 21() 4H :3,011) 1,71 ;; l.:u.; !l,021 ~7 l\)1.1

:lOO. OnytJn 'j 8.:3.2() 2(;3 :l{JI) 3 :l,!U! 1,:3H :l,Ot:! 1.3.)0 H,ii-19 1::11 200

:.!0 l. Pol't FRir.'· 1.1. 1HJO 220 16tl ,) I :3,(iti:l 2,074 G,6iiG 2:) :JDI 20:!. l'ol'tla.ad l.l. 184~ ;)'34 370 1,)4 O,O.iU 3,191 14,727 :.;~ 202 203. Queenscliff I 1l.:l.l\ll2 ](l7 }!)() 7 :!,310 liii 1,3:),} I 7, LO! .. - 203 d·)

20!. l~ain bow 6.1. z:; 114. 9" 22 I,H2-l l,(l;'if 773 3 •)'}.) :m 20! .-.,( ....... 205. Hed Clifh 17.10.28 3Hi 301 :l,j 4,3!.1 ~/)2:) !,7W 10,7Jo l ~) 20.1

:lOli. HoeheRtor 2G.~. l2 I 273 :.l.'i3 20 3 .. 16:! 3,:):.)2 :!,002 1,.5{)0 11 J)()O n,o~~ ~ l 20(i

207. l~o·whuu 4,:.l,ii-l I 780 1-l 77{) 77;') 7/,) 38.i :>nil :3,HO~ ~' lii! 17 :li)7

208. n.u~hworth 13.4.12 ll·'i })'i IS 1.70) 1, 70:1 !H-i 7HJ ;).:.!11 3,o7.; ~.~i ;.!0:1

ton. Itathorgkn I L. 10.!18 L12 !Gt 12 :l,\.127 I 381 ~{,2()~ I ,d!l2 l.:l ili (;,~31 I 4,:!81 ,) 2\1\)

:no. ::l:Lle I 10.11.80 ;)39 47ii 64; 7.\JO:! 1,000 :-l,Wl·J :),100 :um:z 20,\l\i:.l 16,708 U7 210 '""" (Q 21 L Se:1 L~tke ~6. ;) . 2,~) BO 129

26.) I I) l,fiO-l l,."'i'H 8:}·~ 1)12 4,:Hl :{,(i:.J.t H 211 c:n

212. s~,ymour 5 1.3.0~ I !)o 1 (}!)6 4,9~)2 2,i:l3 7,730 4,623 3,102 :l'$,\).1..\j iin :ll2 >Ill>

21:3. H!wp;):trt:m ,} 6.!J.9'7 I .:3<Jfi l,ll'il 2!)'5 l3,H!l :!,;)?·h) 1!1,03:? 8,'l3~ 7,0\H H,71:'\ PH 213

"

Bank.•.

214. Bt. Arnaud 215. 216. t\trattord 217. Swan Hill .. 218. Tallangatta 219. Tatura 220. Terang 221. Trafalgar 222. Traralgon 223. W angaratta .. 224. Warburton .. 225. Warracknabeal 226. Warragu1 .. 227. Warrnambool 228. Werribee 229. Wodonga 230. Wonthaggi .. 231. Woodend 232. Wycheproof 233. Y ackaudandab 234. Y allourn 235. Yarram 23<f. Yarrawonga 237. Yea

•

SUMMARY STATEMENT of The State Savings Bank of Victoria, for Twelve Month.~ ended 30th June,

--o·--·--·-

5 7

. . 5 4

.. 2 2 " " 5

. . 1 2 2

. . 4

. .

. . ..

. .

. . 1 2 I

1 461

Date of Opening.

-

l. 2. 87 22.4. 80 15.7.29

18.12.12 18.;{.12 11.5.14

1.5.09 10.11.24 16.11.09 24.9.00 2.7.28

1.10.07 16.6.02

:!5.11.59 3.9.21 I. 2.12

14.9.11 14.ll.27 16.6.24 25.3.12 19.2.23

1.6 .12 2.9.12

25.3.12

.. --------

Opened. i I

-----

:{98 525 116 751 283 267 372 293 060

1,002 238 357 870 935 482 608 489 118 122 69

570 305 407 155

181,621

Accounts Closed Closed.

348 478

99 521 291 205 311 326 787 789 230 334 743 738 326 417 423 133 85 81

627 297 320 149 I

156,628 1

Increase. .I.Ut;;.tt:«.>:n.;,

50 47 17

230 ..

62 61

'. 173 213

8 23

127 197 1.'>6 191 66

. . 37

. .

.. 8

87 6

24,993

Number of Depositors.

Decrease. ·~"·'-'.l"'.""'"·

..

. .

. .

. . 8 . '

.. 33

..

..

..

.. . .

..

. .

..

. . 15

. ·-12 57

..

..

..

Total Number of Open Aceounts at 30th June, 1954.

l>xdusive of School Bank Accounts. ------

I.ocal. \ Agency. Total.

5t553 2,543 8,096 7,246 2,211 !),457 1,001 .. 1,001 7,368 1,941 '9,30!!

i

2,205 1,653 3,858 i 2,998 .. 2,998 5,239 245 5,484 2,546 1,275 3,821 7,672 1,333 9,005

10,968 1,429 12,307 2,259 . . 2,259 5,023 562 5,585 8,414 2,500 10,914

15,454 495 15,!!49 4,466 .. 4,466 5,200 918 6,118 6,446 . . 6,446 1,532 .. 1,532 1,484 .. 1,484 1,286 I .. 1,286 5,638 .. 5,638 4,388 15 4,403 4,361 708 5,069 2,093 380 2,473

1,9lii,401 182,816 2,098,217

·---- -

l.Inlef'.

4,710 5,352

561 5,192 2,203 1,696 2,909 2,144 4,956 6,936 1,273 3,158 6,148 8,240 2,758 3,371 3,845

841 841 705

3,792 2,483 2,876 1,484

1,108,721

--

&<;.--caM in n••d. ,.. C.O

Number of Transactions. c:.n '*""

Loan Receipts.

Hank. l

3,386 17,:320 11,695 44 29,259 214 4,105 24,809 18,663 92 43,564 215

440 3,828 2,325 20 6,173 216 4,117 26,575 18,726 156 45,457 217 1,655 8,982 5,729 2 14,713 218 1,302 10,967 6,797 54 17,818 219 2,575 15,085 10,757 42 25,884 220 1,677 11,240 7,183 47 18,470 221 4,049 33,443 26,288 97 59,828 222 5,461 :'14,979 27,369 89 - . 62,437 223

986 9,147 5,761 32 14,940 224 2,427 16,443 12,821 56 29,320 225 4,766 30,430 23,369 103 fi3,902 22!1 7,709 39,658 28,104 70 67,832 227 1,708 Hi,770 11,1!12 139 I 28,071 228 2,747 19,730 13,707 26 33,463 229 2,601 20,909 12,610 66 I 33,585 230

691 5,751 4,913 53 10,717 231 643 4,595 3,671 54' 8,320 232 ~

581 3,736 2,363 3 6,102 23il 0:.

1,846 24,899 21,609 14 46,522 234 1,920 12,961 8,893 39 21,893 235 2,193 15,212 10,899 68 26,179 236

989 6,447 4,633 31 11,111 237

989,496 8,708,345 5,!)25,777 6'

---~----

:H.l2.1842 .. 30.6.1864 30.6.1874 .. 30.6.1884 .. 30.6.1894 .. 30.6. Hl04 30.6.1914 30.6.1924 30.6.1934 30.6.1944 30.6.1954

Year ended 30th June.

1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954

Date.

PROGRESS

Ordinar~·-Accounts.

£ ()4,483,285 61,133,943 55,326,179 56,741,638 58,169,890 59,714,171 61,370,460 62,471,373 63,531,102 65,683,566 66,563,763 64,704,004 69,093,556 74,626,477 95,170,030

120,504,694 141,293,528 161,996,949 1()6,648,801 176,424,969 186,122,636 197,590,771 212,739,643 223,531,173 234,08.5,24 7 244,874,009

27

COMPARATIVE STATEMENTS. GROWTH FROM 1842 TO 1954.

·~-·····-····- ···----·-·-

FROM

Number of Offices. ------~ .. -~~······

Banks. Agencies.

l ll 11 20 37 54

123 167 213 224 237

327 322 373 373 376 461

30TH JUNE, 1929 TO 30TH JUNE, J)r:POSITORS' RH.ANCES. ·-··---~~~-· --~-----·····

DcJlOsit Stock TotaL

Accounts.

£ £ 1,646,355 66,129,641 1,809,031 62,942,975 1,812,083 5i,!38,263 1,839,764 58,581,403 2,056,181 60,226,0il 1,895,975 61,610,146 1,737,545 63,108,005 1,931,428 64,402,802 2,224,089 65,755,192 2,458,464 68,142,031 2,654,921 (\9,218,684 2,656,618 67,360,623 2,653,183 71,74(),740 2,689,594 77,31(),072 2,347,197 97,517.228 2,177,353 122,682,047 1,923,114 143,216,642 1,726,161 163,723,110 1,499,135 1()8,147,936 1,35(),347 177,781,316 1,23(),.515 187,359,151 1,089,440 198,680,211

947,380 213,687,023 81.5,635 224,346,808 748,440 234,833,687 732,900 245,606,909

Number of Accounts.

230 17,201 26,214 81,622

204,923 432,867 705,029

1,059,008 1,297,834 1,708,095 2,098,217

195i.

lncreust-.

£ 3,348,282 3,186,666t 5,804,712t 1,443,139 1,644,668 1,384,075 1,497,858 1,294,796 1,352,390 2,386,839 1,076,652 1,8.)8,061 t 4,386,116 :5,569,332

:l0,20l,Hii'i 25,1()4,819 20,534,59:5 20,506,468 4,424,82() 9,633,379 9,-577,83.5

11,321,060 1!},006,812 10,659,785 10,486,879 10,773,222

1954

Depositors' Balances.

£ 4,227

769,681 980,211

1,831,589 3,891,349

10,582,808 23,381,696 52,358,212 61,610,146

122,682,047 245,606,909

Avt'rage Ba1a.nce per Depositor.•

£ 8, d. 69 1 1 64 14 2 59 13 6 61 14 ll 62 ](l 4 63 14 f}

64 8 ll 64 10 11 64 15 (\

65 5 4 ()5 3 4 63 13 10 65 15 11 68 17 0 ~2 4 6 9!! ti 4

112 0 3 124 9 3 125 10 7 129 15 5 134 5 ;)

138 18 0 145 8 6 150 8 9 15() () 7 161 5 4

~·~·-----·--~--.--"-'

OFFICES Al><D DEPOSITORS' AccOUNTS. ---------- -~--.... --------------- ----------------·-·

f);;POSITORS.

~~---------- -----Year ended 30th June. Total Number

New Accounts Accounts Tuerease. of Accounts Males. l''emales. Opened. Closed. open at 30th June.

192() 203 392 171,002 139,575 31,427 1,233,458 ()39,865 593,593 1930 2ll 389 165,2()2 141,897 23,365 1,256,823 650,390 606,433 1931 213 379 131,328 137,278 5,950t 1,250,873 (':>4(),372 604,501 1932 213 373 119,612 ll7,051 2,561 1,253,434 648,547 604.887 1933 213 372 133,001 ll4,431 18,570 1,272,004 659,763 612,241 1934 213 373 142,890 117,060 25,830 1,297,834 ()74,459 623,375 1935 213 373 148,663 121,391 27,272 1,325,10() 689,597 1\35,50\) 193() 213 371 164,041 129,()73 34,368 1,359,474 709,035 1\50,439 1937 213 373 1()5,431 131,791 33,640 1,393,ll4 726,553 666,5()1 1938 214 375 1'71,24() 134,088 37,158 1,430,272 746,800 683,472 1939 218 383 170,173 144,005 26,168 1,45(),440 761,714 694,726 1940 220 387 167,988 147,295 20,693 1,477,133 772,003 705,130 1941 221 392 179,ll5 140,413 38,702 1,515,835 789,055 726,780 1942 224 383 194,950 148,388 46,562 1,562,397 809,147 753,250 1943 224 379 188,131 116,178 71,953 1,()34,350 839,866 794,484 1944 224 376 184,475 ll0,730 73,745 1,708,095 874,931 833,164 1945 224 374 164,933 110,875 54,058 1,7()2,153 905,148 857,005 1946 225 375 197,776 147,505 50,271 1,812,424 944,185 868,239 1947 225 379 175,761 146,350 29,411 1,841,835 960,120 881,715 1948 228 383 186,373 143,801 42,572 1,884,407 986,522 897,885 1949 228 394 181,772 147,709 34,063 1,918,470 1,004,591 913,879 1950 ::\29 411 193,817 151,438 42,37{1 1,9()0,849 1,030,018 930,831 1951 230 4J!J 216,376 161,499 54,877 2,015,726 1,062,956 952,770 1952 2;{2 436 184,784 155,050 29,734 2,045,4()0 1,078,246 967,214 1953 234 446 180,570 152,806 27,7()4 2,073,224 1,094,309 978,915 1954 237 4()1 181,621 156,628 24,993 2,098,217 1,108,721 989,496

----- ... ---····~--.. ·····----• Omitting inoperative account.~ under one pound and School Bank Accounts, but Including Deposit. Stock. t T>ccroo'<€.

1954

Jll2!) 1930 l!J31 1932 !83:) 19M 193:> I n:~G l\137 l!l:):-l l!l3H 1\HO 1941 I94:2 11143 194·! 1945 1946 1947 1\l4S 1949 11h>O 1!)51 1932 1953 HIM

Year f:ndNl :lOth .TunP.

Yeal' emlcd 30th June.

192!1 1930 l\)31 HJ:l:l

Hl34 1!)3;)

1!)36 w:n In38 193!) Ln·!O JHH HH2

l~H3 1944

1!).!6

l!J47 l!HB 1949 1950 19;)1 1952 J9!jB

28

CmiPAL{ATlVE STATI£:<IEXTi'.-continued.

DEPosrrs AXIl REFAY)IENTS.

(Excluding Deposit Stock Tmn~actions.)

Hr~crived from llP_p(t.:;itorJ:J.

(:asll DPpo .. .;it:::,

4G,j:34,3j9 42,;300,55!) 34,:3!}0,0 J 8 31,610,.174 32,fil3,~10 :1:3,8:W,S:!O 3\J.40!J,c>!l!l 40,0:.\i,O~H ·H,22l, IG3 43,74:!,71! 413,fd I ,7!ii 44,647,887 40,449,001 52,18\l.!Otl 60,1 Hi,l67 7:l,047, 704 75,3!!2,116 !17 .:~ l!i,479 88,3li3,122 !J4,2.);~>,311

102,;) 12,fi4.{; 124,4'12,303 143,1fi9,Hi3 151,659,172 150,113,3112 Hill,187 ,820

Tra.H4er" frollt or.hrr

~aYings Hanks .

. £

1,9Gii.6:34 7,601,314 6,372,860 5,212,321 li,320,740 5,()70,831 i\,987,0()8 6,4G8,fil4 6,5'if),ii01 6,788,131 !!,846,()00 7,3!1!),;)28 7,714,!lii2

JO,(i();j,/i'J:l

l0,860,i.l7!l 14,074,8!)\) ]7,008,9\J4 31,427,970 22,584,1i47 20,390,644 21,586,785 ~4.279,130 33,644,67!) 28,077,(;76 2H,3:H,221 .:i0,555, 763

ii:J, UJ!l,B64 ;)0, 101.873 40,/(l:J,/7!} 36,822,706 37 ,H;34,!36 I 3!1,50ll,6;i2 4:!,3!)il,!H)7 46,47:3,690 47,707,668 fi0,533,842 5fl,368,368 ;i2,04 7 ,4l6 i\4, w:3,!l54 62,8ii4,78 I 70,fli6,846 86,122.693 H2,401,110

12!-l,744,44\l 110,\l47,670 J 14,()4.3,8i),) 124,0!Jfl,333 148, i 51,433 l7U,80:J,842 179,7:36,848 17\1,444,613 J8!J,743,58ii

I~<TERES'l'.

Current Accounts.

4 to £1,000 to £1,000

4 to £1,000

llntes Cent.

4 to £1,000 to 31.7.31 ; thenec 3l to 30.11.31 ; thence 3} to 3J.;t:J2; thence 3

:1 to £1,000 to 30.11.32 thc:nec 21 to 28.2.:3:J; thence

2~ £I ,000 to 3 .1.5.34 ; thcm·e 2} to £1,000 to 31.12.::!4; thence

2 to £1,000 2 to £1,0011 2 to £I,OOO 2 to £1,000 2 to £1,000 2 to £1,000 2 to £1,000 to :H.:i.42 ; tli~lll'e 2 to £500 ; q £501

to £1,000 '1 to £500; q £501 to £1,000 2 Lo £500; I.\ £501 to £1,000

2 to £500; 1~ £501 to £1,000 to 31.8.44; thence 2 to £500; 1l £501 to £1,000

2 to £500; l:t £501 to £1,000 to 30.11.45; thence' 2 to £il00 ; l £501 to £1.000

2 to £500 ; 1 £501 to £1 ;ooo 2 to £500; 1 £601 to £1,000 2 to £500; 1 £501 to £1,000 2 to £500; l £501 to £1,000 2 to £500; 1 £501 to £1,000 2 to £500; 1£501 to £1,000 2 to £500; 1 £501 to £1,000 to :H.7.i)2; tlwnc(• 2[

to £50(1; ll £;301 to £1,000 to£;)()(); 1± £ii01 to £1,000 to 31.:.>.;'14; l;hcm·e 2}

£500 ; I;} £,)0 I to £I ,500

44.4!)3,;i87 48,195,274 42,443,512 31,915,934 32,5:l8,587 33,622,011 85,\l42,82l 40,0lO,XIi 41,278,0()() 42,701,519 46,808,!1()7 47,60:2,61± 43,270,872 47,84:),174 4l,073,~1:ll 48,604,31)8 ii·J,827 ,538 78,9SO, 171 86,278,712 87,188,7\14 !)5,5\15,220

J 15,!)32,8\l\l 130,998,189 144.048,641) 143:290,678 lii2.358.4flO

*Amount.

2.327,9GO 2,3[>4,531 2,145,853 1,74fi,474

1,ii06,418

J,:3i8,"i42 1,2l'i,\l7!i

l,l74,HiH 1,181,236 1,220,7!)9 I ,24!l,(i06 1,254,308 1,:W4,178 1,3(i3,G20

1,56ii,788 2,017,41?\

2,403,162

2,738,!1·~:2

:l,87!l,ll81 2,\17:!,653 3,097,;il6 3,250,568 3,:372,0Hi 3,618,107 4,;!4.2,24\l

4,433.702

* From 1942, include~ provi:>ion for ac-erued interest.

11

Paitl to Depositor~.

8,036,!16:.! 7,610,472 6,273,884 5,236,878 5,374,130 ;),713,102 6,0W,862 6,,)::!6,137 (\,641,1:33 (\,900,651-l 0,!128,870 7,468,670 7,267,707

l 0,722,()56 l0,8119,S.i5 l4,HH,70.3 17,157,0fl6 31,772,274 22,8\l4,44\l 20,642,\114 21,892,428 24,688,855 34,0ll,353 28,602,282 29,786,715 :31,00;3,210

tRatcs per Cent.

.Amount (including Accrued Interest).

£

66,734 79,918 81,062 74,Hi:)

63,524

58,297 52,379

42,278 £52,785 158,832 63,937 65,948 6i\,338 67,422

I~ to 15.1.44 ; thence 1:\;

;)0,095 3!1,864

1~ to 11.8.44; thence ll to 30.1 thence I

1 I 1 1 I 1 1 to 31.7.52; thence I!

·~

29,287

22,684

15.1J2ti 14,218 12,865 11,586 10,114 8,784

ll.455

l0,931

Total.

52,530,550 55,805,747 48,717,397 37,152,812 37,\112,718 3!1,:335,114 4UJ58,683 46,546,954 47,919,l\l5 4f),602,li8 ii!i,737 ,778 ii5, 161,484 :)1,038,580 ;)8,565,831 ;)I ,!!73,783 62,7(16,063 73,1184,634

110,752,445 109,173,161 107,831,708 lli ,487,648 140,521,754 165,009,542 172,5.30,931 17:3,077 ,3\!3 183,363,700

TotaL

£

2,394,6\l4 2,434.450 2,226,916 1,819,640

1,36!),942

1,437,040 1,270,355

1,216,446 1,234,042 1,279,632 1,313,544 1,320,257 l ,321},617 1,431,043

1,615,883 2,057,282

2,432,449

2,761,626

2,8[)5,907 2,986,871 3,110,381 3,262,154 3,382,130 3,626,891 4,253,704

4,444,633

t A f(~dud1on of 1nterei'lt on Depoait Stock although oper.:ttivr uu JW\r money ap~1J(\~ to t:urre-nt .stock Qn!y after six months' notice.

29 1954

CLASSIFICATION OF DEPOSITORS' BAI1ANCES.

(Not including S(hool Bank De1mrtment nor Dcpuxil Stork.)

------·-------~----------,----------

I Not Exceeding t.100. Exccrding l'xcecuing £1, oon.

June ~flth. 1----- ------~·

Number of Tu!ai NttnJ1H•r of ! Total Accounts. Amount.. Acet)Ultt~. .-\mount.

£ £ £

1929 1,205,200 43,0fl!l,405 24,162 16,19(\,631 4,09() 4,881,729

1930 1,231,465 42,004,051 21,706 14,,!")87 ,5!)0 3,652 4,241,638

1931 1,228,842 38,647,242 18,933 12,748,618 3,008 3,631,315

1932 1,229,122 38,041,337 20,554 l3,il;il,8li2 3,758 4,456,;i32

193:~ 1.246,0~(i :.\8, 13:l,061 21,916 1 !\,038,12;"\ 4,012 4,707,63;1

1934 l,:no,6n2 38,802,160 22,768 15,674,308 4,404 4,!)47,383

1935 1,296,584 39,303,761 23,6!)3 16,:}()7 ,447 4,829 ii,41 1.52!)

1936 J,:-130,902 40,349,295 23,804 16.50!1.7.-,o 4,768 5,3J.t..287

l!J37 1.3i34,845 41,70ii,339 23,688 16,409.451 4,581 ii,ll3,00:l

1938 UJll ,41 D 43,382,834 24,153 16,706.277 4,704 o)l2HG~2=i8

HJ39 l.427.38i) 44, 134.SG;; 24,283 1H.772JiO!l 4,772 5,343,1)!)1

1940 1.4.>0,490 44,118,101 22,46!) lf>,4()8,83!1 4,174 4,813,8;i8

I!J4l I ,487,833 47,4];),()74 23.4:31 HU3!l,ll29 4,571 ;),263,307

1942 l.il34,4i'l8 ;):J.:!iJ/.847 23,!)4:-l IGA70,iiti6 3,961 4,62;i, ]!I!)

1943 1,5!!7,379 liG,!JU4,Hi7 31.60ti ~I ,()72,877 5,275 G,2Hi,Ml

194·1 I .t);i6,4tl0 80,!l04,8i;() -!4,017 30.043,830 7,618 !1,070,102

1945 l,I)!H.736 snJjftG,27.i 57,134 38,8:!2,\lil 10,28:1 12,411,6Uii

1B46 1,726,347 9ii, 125,088 72.093 49,088,81)8 13,984 I i,227J10f)

1947 1.747.2!il !ll,ii91,i)(),j. 77,:'}(}7 ;}3JJ{i(l,87!l 17,007 2U81,476

1!148 l.78L24!l H3, 107,331 S:l.!l:JO ;;t;,Si'J2,70l 20.228 :!;3,724,088

1949 1.80G,780 !l+,OO\J,iiOH 88,0.27 60,864,327 23,663 30,4 73,32;i

11l50 l,840.H3!J 9G,4+1 ,."i3H !)2,ii0i 6:l.713,o:l:~ 27,703 311.564,615

l!l51 1.886,168 101 ,85!l,441 !18.067 (ii' 1 71 ,3()8 31,491 4:!,716,301

l!l52 1.906, 727 102,824,H30 103,040 71UHlH,69.1 :!5,688 ·l8,i)26. 774

1H53 1,924,537 103,081,034 108,R47 7 5,03ii,6i8 3!l,820 54,583,228

1954 1,9•!1,942 1 03,41)8, l !18 111,035 /O,G34,\148 4.5,240 63,337,37 i)

~----- ... ------·--~,-- --·--- --·----·~-- -- -~---------------·· ~ >>

1954 30

CREDIT FONCIER DEPARTMENT.

ACCOUNTS :'IIADE UP TO 30TJI JUNE, 1954, IN ACCORDANCE WITH SECTION 123 OF ACT No. 3i77.

For information required by Sub-section l (b), (r) and (d), see Balance-Sheets pages 10 to 13.

Sub-section 1 (m).

GRoss AssETS A~D LIABILI'l'IES of the Commissioners under Pat·t IlL of Act No. 3777, and their Receipts and Payments under such Part during the Year.

--·-·-·------·---------------------·---·-

Gross Assets.

£

21,218,923

Sub-section 1 ( n).

Gross Liabilities.

£

19,273,005

Gross Receipts.

£

6,816,813

THE GROSS AMOUNT ON FIXED DEPOSIT WITH 'l'I!E BANKS.

Nil.

)IORTGAGE Bo.lms, DEBENTURES, AND INSCRIBED STOCK.

Issued.

G ro;;s Payments.

£

6,633,872

Amount Received from Sale. 1------ -·--.. --- -------·---- -~------,-------

Mortgage Bonds

Debentures

1 For Year Ended 30th June, 1954.

-------c----- --------

Number. Amount.

£

4 *12,250,000

Total.

-------------

Number. Amount.

£

43,344 1,083,600

52,156

For Year Ended 30th June, 1954.

£

*12,250,000 I

Total.

1,083,650

263,024,777

-----1------i-----

Ji-[~45,487,~~0} L, ;17,847, lo5

I

Sub-section l(o).

Mortgage Bonds

12,250,000 264,419,255

• Inclusive of Debenture converted during the year, £8,000,000. t Exclusive of Debentures Issued in exchange for Mortgage Bonds, £121,550. : Exclusive of Stock inscribed In exchange for Debentures, £2,637,300.

MORTGAGE BONDS, DEBENTURES, AND INSCRIBED STOCK.

During Year ended 30th June, 1954.

£

Mortgage Bonds cancelled by issue of Debentures

Debentures 8,000,000

Debentures cancelled by inscription of Stock

Stock redeemed

Total 8,000,000

12,250,000

Redeemed.

1

264,108,427

Total.

£

962,050

121,550

224,472,150

2,637,300

20,485,055

248,678,105

31 1954

Sub-section 1 (p).

"' GRoss AMOUNT ADvANCED TO BoRROWER~.

(Including advances under Housing Conditions.) -~~--~-- ----- -··

I Freehold Securities i I t Instalments in Arrear. including Dwelling Leasehold Mixed Securities

and Shop Scc11ritieS'. Freehold and Total. l)ro~rties, and Leasehold. Number of Interest. Principal. Housing J.oons. Borro,vers.

i

£ £ £ £ £ £ For year ended 30th

June, 1954 .. 6,212,401 1,835 .. 6,214,236 63 400 557 :

Total .. 72,713,127 2,027,985 328,214 75,069,326 I

63 415 615

• Exclusive of £Hl2,100 advanced to assist Country Industries, £033 expended on land at Garden City, Port Melbourne, and £41,424 on houses In course of erection under Credit Foncler conditions.

t Full ptOvision hlll! been made for these.

Sub-section 1 (q).

The nominal value of mortgage bonds sold ..

The price obtained therefor (premium £50 3s. lOd.)

The nominal value of bonds outstanding

The nominal value of debentures issued in exchange for bonds

The nominal valne of debentures and stock sold

The price obtained for debentures and stock

The nominal value of debentures outstanding

Balance at credit of stock holders ..

Total amount of principal money advanced to farmers and unpaid

Total amount of principal money advanced to farmers and unpaid (Soldiers' Loans)

Total amount of principal money advanced on dwellings and shops and unpaid

Total amount of principal money advanced on dwellings and shops and unpaid (Soldiers'

Total amount of principal money advanced under Housing conditions and unpaid

Total amount of principal money advanced to Country Industries and unpaid

Amount received in advance from mortgagors and purchasers on account of principal

Sub-section 1 (r).

Amount paid to the Commissioners by the Treasurer (under Part Ill. of Act)

Sub-section 1 (s).

Loans)

Amount payable by the Government of Victoria to the Commissioners (under Part III. of Act)

Sub-section 1 (t).

The amount of Profits during the year

Net amount transferred to General Reserve from Reserve for Depreciation

The total amount of such Profits (under Part HI. of Act)

How such Profits have been disposed of-·written off against the balance of preliminary expenses

Carried to General Reserve

Sub-section l (u),

The amount to the credit of General Reserve

Advanced on mortgage or available therefor

The amount placed to the credit of General Reserve during year­

Under Part Ill. of Act

Transferred from Reserve for Depreciation

£ 1,083,600

1,083,650

Nil

121,550

263,335,655

263,024,777

18,500,000

Nil

638,202

24,121

18,522,828

93,339

724;171

3,170

563,044

Nil

Nil

£

85,486

445,145

1,277,235

1,462 1,720,918

1,722,380

1,720,918

1,720,918

85,486

Nil 85,486

1954 32

CREDIT FONCIER DEPARTMENT.

luterest Rate on Nt_•w Loan~.

Year ended :lOth June.

LOA!'<S o:. F.-IRMS.

1897 108,350 1898 420,305 1899 262,290 1900 182,490 1901 189,670 1902 201,401) 1903 224,973 1904 159,925 1905 1st October, 1904 .. 140,890 1906 I:H,034 1907 89,975 1908 30th .Tuly, 1907 14:3,180 1909 :138,210 1910 ]{)5,015 l9ll 139,610 1912 157,29:> 1913 16th ,fuly, 1912 254,28;) 1914 5 282,105 1915 5 223~725

1916 {5! 13th .fu1.v, 1915 152,218 6 Oth Dt•cem ber, 1915 1917 () 173,()3() 1918 () 163,9()0 1919 6 133,000 1920 6 227,700 1921 u 380,095

1922 n! 15th September, 1921 I 415,599 21st June, 1922 1923· 6 1st September, 1922 :no,3R9 1924 6~ 6tJ1 1•'ebruary, Hl24 377,570 1925 ' ll th March, 1925 ;)9~,fJ32

l!l~6 n~ Wth August, 1!)25 } 407,723 ~7th .January, HJ2l1

1927 6 ;33::1,358

1928 1{6% to £1,000 "\ 12th .January. 1928 l,OH,74G 6l% over £l,OOOJ

1929

i{~~ 1,080,784

1930 November, 1929 } Oi8,032 1930 193!

I ti 181,578

1032 tl 73,110 1033

I I) 1st tJanuar:v, 1933 61,624

19:l4 5 40,2()3 1935

I 4~ 1st ,Jn~y, [934 82,\\74

19:31) 4! Sl,749 1937 I 4 13[1,962 1938 4-J 18ii,308 1939 4~ 167,420 1940 4,\ 154,1lO:l 1941 4! 4"1,229 1942 4l 1st October. Hl41 .. 27,872 1943 41 23,101) 1944 4J

4 :J3,l150 194ii 41 :W,0:22 1946 3~ 1st April, 194H 45,65:3 1947 3i 94,087 1948 32

8 !l!l,440 1949 3'· 8 82,833 1950 3' " ()4,070 1051 3* 48,4;}2 1952 4i 26th September, 1951 35,332 1053 4! 29th ,July, 1952 45,904 1954 4~ 19,283

----------·- - -----~-~- ··--"-

4,803 26,462 45,843 63,159 78,280

101,3(\4 S8,fl45

109,2::1.\ 152.62;} 189,547 Hl8,800 15L430 153,35:) 15H.Sl7 eo,460 85,979

117,471 117,11!}

101,272

89,590 126,25!! 139,706 231,59(1 201,164

157,()5(\

1!13,8l15 186,047 193,!l80

~(l7,16tl

259,5];)

278,393

361,240

254,74:3

190,498 240,ii42 28l1,324 24il,50ii 247,081) 226,095 220,38:2 303,944 2H\,i)76 253,09:1 250,:?.57 22;),910 298,310 356,827 :no,405 408,272 453,170 441,307 403,493 :37(),'185 344,105 202,884 160,768 147,063

1,14:3 1,672 2,033 2,323 2,625 2.911 3,074 3,165 3,1 iij :!,056 3,030 3,109 3.131 3:096 3,139 3,350 3,513 3,622

:3,696

3,824 3,8(16 3,872 3,794 3,>16:)

4,0tliJ

4,lll 4.'.>39 4.;)24

1.600

4,77()

n.:3t7

;),700

G,llll

!l,l!O 6,062 :1,771 5,;}34 5,340 5,175 5,084 4.002 4;827 4,701 4,ii03 4,:{01 4,0:3!\ :i. 7fW-:3,319 2,944 2,iJ81 2/250 I,!Ji;g l,U34-1,333 1,121

fJ81 H4:2

Amount.

108,350 523,852 759,1\79 896,326

1,022,836 1,145,fJ6l 1,26(1,;}70 1,340,550 1,372,214 1,350,022 1.2iH,050 1,225,430 l,:H2,201 1,323,804 1,3011,1\57 J ,:)43,492 l ,511,791! I ,li71i.4:J2 1.783,042

l,H:m,!!HH

~' i2.:1:,05~

::,382,001

.) 498 ')')') 2:mJO:o48 3,088, lOO

:1,,~02,498

4,268,851

4,088,3(Ji)

5,7ll,685

5,702,76;'\ 5,526,:)33 ;3,301,634 ii,09H,392 4,931,980 4,7S7,ti34 4,707.214 h!~588.578 4,539,431 4,438,94:1 4,232,915 4.034,871 :J,7 59,67li :U3u,499 :1,0!l5,1IU 2,732,491 2,343,414 :!,001,547 l,t\80,887 1,368,172 1,072,519

904,967 790,103 (il)2,323

Cn,ED!T FoNCIER DEPARTME:-<1',--conhnued.

Juterest Rate on New LoaJIH,

From.

.~d\'li.IICC8 mad(~

during Year.

. \mount.

Repayments nf Prindpal clu.ring Year.

~-\ ntount.

1954

Ualanee of Loans Current at end of Year.

Number . Amount. ------·------------·--!----------··----· --------------->-----

Hill

WIZ

l!ll4

L91J

l9W

1!117

l!li!J

1\J:ll

1924

Hl:l6

Hl27

JB:!S

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1930

HJ!O

1941

1942

1943

11l44

I!Jt;;

l94ti

W4\l

l!J50

1951

1952

1!!53

1!!54

o764j54.-3

.ff ....

;;

{,"]

~· 6

6

6

(j

6~

7

{ 6A 6 6

{6% to £1,000 } 6!% over £1,000

J6( \.7

6

6

5

41 2

4}

4}

4,' 1

37

" 37 •

41 "

LOA::Stl O::S :0WELLI::SGS A::SD :-iiiOPt'.

124,:!90

16th ,July, 1912

13th July, 1915 9th December, 1915

15th September, 1921 21st ,June, 1922 1st September, 1922

6th February, 1924

llth ~aroh, 1925 19th August, 1925 27th January, 1926

12th ,January, 1928

12th November, 19211 25th February, 1930 1st April, 1931

1st January, 1933

1st July, 1934

1st October, 1941 ..

1st April, 1946

26th September, 1951

29th Jnly, 1952

}

54i),\l85

520,950

467,530

442,090

353,885

354,665

546,165

1,1!32,80.'}

1,856,830

} 1,970,500

}

2,146,937

3,063,04!1

2,169,427

1,196,834

1,765,915

2,042,250

2,538,327

1,954,340

193,741

67,800

10\),622

422,080

()22,172

~·79,572

I Ji()5,519

I, l44,;'i43

138.407

29,104

I fHJ,IJ 17

188.0fl7

ti43,:!:.l;J

-i71,634

602,838

1,194,72:!

1,782,041

6,77!>,501

6,190,706

:!69

J6,8\J4 I

79,037

103,7.!>1

151,460

158,636

:!36,675

:H0,602

522,0:!7

514,130

597,247

830,596

796,196

788,158'

928,648

983,787

980,406

1,106,522

1,017,686

900,343

76S,091

814,280

844,362

911,402

970,893

857,186

833,6:!1

8S0,988

994,385

1,023,018

1,053,12!!

l, 166,8ii2

1,114,585

1,140,()9:!

LU80,481l

!14ti,824

889,759

1,056,725

1,0li5,460

9B:.l,946

1,016,328

I ,i)67,413

451

2,301

4,063

5,788

7,046

8,181

8,983

9,564

10,293

11,315

13,817

16,406

18,520

22,541

24,933

25,384

26,663

28,478

30,645

32,283

:~1,620

30.627

:!9,3:36

27,995

:.!(), 759

25,859

25,410

25,494

:!6,28B

:!6,111

21!,696

18.642

l6,1l95

14,981

12.801

11,818

10,893

10,297

10,627

13,366

15,687

£

124,021

653,112

1,136,054

1,577,967

1,941,716

2,232,346

2,427,595

2,545,585

2,781,148

3,291,926

4,634,626

6,007,879

7,324,220

9,591,073

10,972,342

ll,240,528

12,022,656

13,084,500

14,516,305

15,452,959

14,746,357

14,046,06()

13,341,408

12,575,561

ll,S65,47l

11,316,658

11,081,644

11,227,595

1l,912,12fi

12,062,284

11,270,722

10,356,000

!J,218,312

8,196,573

7,270,085

6,512,694

li.Ui ;;,4:Jo

5,700,:!40

5,413,31!}

5,551,316

6,277,897

S,230,701

13,992,874

18,616,167

1954 34

CREDIT FoNCIER DEPAR'fM.Kl'<T continued.

Intere•t Rate on New Loans. Year ended 30th June,

Rate, l<'rom.

HousiNG LoaNS.

1921 6! '}i

27,841 11

1922 'fl 15th September, 1921 476,839 5,3:?.3 :6! 21st June, 1922 ,. 1923 6! lst September, .1922 488,259 25,508

1924 6l 6th February, 1924 612,719 45,935

1925 7f llth March, 1925 '}[ 450,851 58,469

1926 {6f 19th August, 1925 403,701 81,180 6! 27th January, 1926

1927 6i 562,041 92,898

1928 6! !108,407 123,209

1929 6i 1,087,893 157,003

1930 {6* 12th November, 1921J } 975,430 183,787 7i 25th February, 1930

1931 6 1st April, 1931 282,707 201,591

1932 6 176,354 219,816

1933 5 1st January, 1933 223,562 224,526

1931 4! I lst June, 1934 279,612 260,556

1935 4! 446,792 385,262

1936 4! 495,143 459,443

1937 4! 412,990 410,346

1938 4! 250,296 314,181

1939 4! 234,873 296,150

1940 4! 272,525 314,5!)6

1941 4! 233,553 326,fl09

1942 4i 1st October, 1941'' 231,420 355,3il8

1943 41 52,976 394,912

1944 41 4,778 424,483

1945 41 4,753 438,174

1946 3! 1st April, 1946 tl,064 493,9:?8

1947 Si 56,728 493,646

1948 3t 41,287 404,307

1949 3j 33,884 41!),085

1950 3! 51,792 404,620

1951 3i 38,998 384,884

1962 "l 26th September, 1951 5,595 287,719

1953 q 29th July, 1952 7,746 232,291

1954 4! 3,226 197,758

--~----------' ~---~----- ------~-W-•••••

By Authority: W. M. HOUSlrON, Government Prlnt~r. Melbourne.

Balanco of Lo:uh; Current n..t. end of Year.

£

84 27,830

1,260 499,341)

2,019 !162,007

2,718 l,->:l8,8Sl

3,201 1,021 ,2u:~

3,822 2,243,784

4,423 2, 71:2,027

5,893 3,4118,125

6,932 4,4:.l0,0li)

7,702 5,220,658

7,849 i),30J, 774

i,B08 t),2;J8):3 12

8,010 5,257,348

8,180 5,276,40·i

8,483 0,337,\134

8,789 5,373,634

ll,<H8 5,37H,278

!l,ll\.1 5,31:?,3!l:J

9,203 5,::l;}l,ll6

9,263 5,209,045

9,256 5,ll6,089

!1,139 4,992,151

8,809 4,650,215

8,282 4,230,510

7,681 3,707,089

6,!H\l 3,:309,22:;

6,\96 2,872,307

5,t169 2Ji09,287

4,870 2,124,0il6

4,179 1,771,258

3,483 1,425,372

2,940 1,143,248

2,483 918,703

2,073 724,171

·····-----