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NEARLY THIRD OF OBJECTIVE

Liberty Loan Progress

Liberty Loan subscriptions up till last night at £11,448,620 are now close to onethird of the. £35,000,000 Dominion target. Subscribers now itotal 14,363. Yesterday the investments were £610,020 from 2246 applications. _ With a daily average of £lOO,OOO required of it, the Wellington metropolitan area got well into line on Thursday with investments totalling £121,674, maknig the metropolitan grand total £1,286,.>00. The Wellington district total (including metropolitan) was £1,466,070 on Thursday night, including the day’s investments of £132,915. On Thursday the Wellington metropolitan post offices handled £16,924, Bank of New Zealand £25,600 and the Reserve Bank £79,150. The Liberty Corner special post office handled £2324 yesterday, the best total three to date. The fact that Wellington had one of its wettest days this winter made this achievement more noteworthy. Air Force headquarters staff have now subscribed £5OO toward bonds. The Hutt County Council decided yesterday to invest £l4OO. . McKenzie’s Department Stores Limited have invested £lO,OOO and £2500 in bonds has been purchased under the firm’s staff contribution scheme. Mr. J. R. McKenzie’s other personal interests have taken up another £lO,OOO. while Mr. McKenzie has subscribed for £50,000, making a total of £72,500 in the Third Liberty Loan. Mr. McKenzie said yesterday that the boys overseas were offering their lives; the least people in New Zealand could do was to lend itheir money. The final week of the campaign (July 5 to July 10) will 'be an “All in Week,” when all the armed forces, E.P.S., industrial workers, trade unionists and other civilian services will participate in outdoor activities. This week’s Navy parade and demonstratons, cancelled because of rain, will be held during “All in Week.. Army Week will be officially opened at 12.30 p.m. on Monday at Liberty Corner by Colonel H. M. Foster, N.Z.S.C., Central District Commandant.

OLD LADY INVESTS HER SAVINGS When the rain was at its heaviest yesterday morning, an old lady walked into the Liberty Corner post office. From a purse in the folds of a dress that belonged to fashions unknown to this generation she produced a folded' brown paper bag. Inside it was a tightly rolled' bundle of notes, in all £2OO including bank notes now long out of circulation. She said that she had been keeping this nest egg and had not even invested a pound in any sort of savings before. But she had (begun to wonder what she was saving the money for; she was an old woman —over 70 —and' might not -even live to spend it, for her needs were so few. What she did know now was that it would never be any use to her if the war was lost. Her grandson was over fighting in the Middle East; had (been in the thick of it. She felt a sense of guilt that never before had she backed him up in the only way she could ; with her savings. That day was his birthday, so having made up her mind to invest, no weather was going to stop her coming into the city. There was a middle-aged man behind the old lady at the counter while she had been speaking. “I was going to make it £2O and try any luck with another £2O at Awapuni tomorrow,” he said, "but if the old lady can do it, then here’s the whole £4O, andi I still don’t think I’m doing enough.”

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19430619.2.21

Bibliographic details

Dominion, Volume 36, Issue 226, 19 June 1943, Page 4

Word Count
569

NEARLY THIRD OF OBJECTIVE Dominion, Volume 36, Issue 226, 19 June 1943, Page 4

NEARLY THIRD OF OBJECTIVE Dominion, Volume 36, Issue 226, 19 June 1943, Page 4

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