Northern Times.
Liverpool, Merseyside, England, 1859-02-05 00:00:00

James Aspinall Tobin, Esq.,
William Langton, Esq.

Rev. J. North,

G. Swainson, Esq.,
J. A. Tinne, Esq.,
J. A. Tobin, Esq.,
Rev. G. W. Warr.

It. LAWTON, Actuary

The Trustees and Managers at the close of the year ending 20th November, 1858, the commencement of which it will be
remembered was marked by financial distress and embarrassment, are glad to find that the business of the Savings Bank has not
decreased to the extent that might have been anticipated, and it is satisfactory to observe that the industrious classes continue
to avail themselves of the important benefits to be derived from it.
During the year ending 20th November, 1858, there were 6,296 new accounts opened, and 1,590 old accounts re-opened, and
6,859 accounts closed. The total number of accounts remaining open (including the Branch Banks) 'was 26,009, being an increase
of 1,198 on the number of the previous year. The amount of deposits during the year was £214,130 10s. 3d. in 43,094 transac-
tions; the amount of repayments £225,863 3s. Id. in 22,919 transactions • and the total amount due to Depositors (including
interest) was 763,072 175., being an increase on that of the previous year 0e£9,666 16s.
In the course of the past year the Trustees and Managers have carried into effect an object which they have had in view for
some time, namely,—the establishment of a Branch Bank at the north end of the town. A temporary office has been obtained,
situate at the Ragged School Room, Rirkdale-road, in which locality there is a numerous and industrious population, and where
there seemed to be a want of Savings Bank accommodation. This Branch Office was opened on the 13th September last, and has
therefore been in operation only two months, and the transactions up to the end of the year were comparatively few. The
deposits at the Branch Office bear the same rate of interest and are subject to the same rules as if the money had been paid in
at the Head Office in Bold-street. The Managers trust that the inhabitants of the locality will appreciate by degrees the accom-
modation thus extended to.them, and avail themselves of it in larger numbers. .

• -
The Nonni BRANCH BANK is open every Monday and Friday evening, from Seven to Eight o'clock, for the receipt and pay-

ment of money

The following Account exhibits the Assets and Liabilities of the Bank at the close of the year ending 21

Ith Nov., 1858

Dr. LIABILITIES.
To Depositors for Balanee due to them 20th Nov.,'

s. d. Cr. ASSETS.
By Cash invested in the Bank of England on account
763,072 17 0 with the Commissioners for the Reduction of the
17,100 12 10 National Debt.. . .
• „Ditto on Separate Surplus Fund Account
„ Ditto in the hands of Messrs. A. Heywood, Sons,
and Co., Treasurers .

Balance

£780,173 9 10 I

The above Balance, £17,100 12s 10d, being over and above all Liabilities of the Institution

THE YEAR ENDING 20TH NOVEMBER, 1858

Z. S. d

763,258 10 1
14,725 10 2

2,189 9 7

£780,173 0 10

This Form of the General Statement of the Funds of the Savings Bank to be filled up, pursuant to 9th' Geo. IV, cap. 92, see. 46, and
returned to the National Debt Office, within ninetveeks after the 20th Nov., 1858, pursuant to 7th and Bth Pic:, cap. 83, sec.l3.