Post-office savings-banks in Ontario and Quebec are open daily for the receipt and repayment of deposits, during the ordinary hours of post-office business.

The direct security of the Dominion is given by the statute for all deposits made.

Any person may have a deposit account, and may deposit yearly any number of dollars, from $1 up to $300, or more with the permission of the post-master-general.

Deposits may be made by married women, and deposits so made, or made by women who shall afterward marry, will be repaid to any such woman.

Deposits for children under ten years of age may be made:

Firstly. By a parent or friend as trustee for the child, in which case the deposits can be withdrawn by the trustee until the child shall attain the age of ten years, after which time repayment will be made only on the joint receipts of both trustee and child.

Secondly. In the child's own name - and, if so deposited, repayment will not be made until the child shall attain the age of ten years.

A depositor in any of the savings-bank post-offices may continue his deposits at any other of such offices, without notice or change of pass-book, and can withdraw money at that savings-bank office which is most convenient to him.

Each depositor is supplied with a pass-book, which is to be produced to the postmaster every time the depositor pays in or withdraws money, and the sums paid in or withdrawn are entered therein by the postmaster receiving or paying the same.

Each depositor's account is kept in the postmaster-general's office, in Ottawa, and in addition to the postmaster's receipt in the pass-book, a direct acknowledgment from the postmaster-general for each sum paid in is sent to the depositor. If this acknowledgment does not reach the depositor within ten days from the date of his deposit, he must apply immediately to the postmaster-general, by letter, being careful to give his address, and, if necessary, write again, because the postmaster's receipt or entry in the pass-book is not sufficient without the further receipt for the money from Ottawa.

Every depositor must send his book once a year, viz., on the anniversary of his first deposit, for comparison with the books of the department, and for insertion of interest. The book will be returned to him by first mail. At no other time should a depositor suffer his book to be out of his own possession.

When a depositor wishes to withdraw money, he can do so by applying to the postmaster-general, who will send him by return mail a check for the amount, payable at whatever savings-bank post-office the depositor may have named in his application.

Interest at the rate of four per cent, per annum is allowed on deposits, and the interest is added to the principal on the 30th of June in each year.