NATIONAL THRIFT
STEADY BRITISH INCREASE
British Official Wirelesi.
RUGBY, 23rd January. A steady increase in national thrift is shown by figures just issued by tho National Savings Committee. Largo sales of National Savings Certificates were a feature of 1928, notwithstanding the adverse conditions in trade iv many regions. Over 52,000,000 certificates were sold during the year, which was an increase of 16 per cent, upon the sales for 1927, and higher than the sales for any year since 1923, when a change in the terms of issue brought about abnormally large purchases. At the end of 1928 the grand total of certificates sold since their introduction in 1916 was over 890,000,000, representing a cash investment of nearly £700,000,----000. With withdrawals allowed for, it is intimated that, including accrued interest, the amount due to investors in certificates at the end of 1928 was approximately £485,000,000.
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Bibliographic details
Evening Post, Volume CVII, Issue 21, 25 January 1929, Page 9
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144NATIONAL THRIFT Evening Post, Volume CVII, Issue 21, 25 January 1929, Page 9
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