NATIONAL SAVINGS
DEMAND FOR CERTIFICATES
(British Official Wireless.)
(Received November 29, 12.45 p.m.)
RUGBY, November 28,
Small investors who have been given the first opportunity in this war of contributing to ihe national funds have been quick to respond and heavy demands have been made for national savings certificates and the prospectus for defence bonds. Meanwhile the formation of new national savings groups is rapidly proceeding.
Many large firms which in peacetime organised their own saving schemes for their employees are now making arrangements to save for investment in Government securities. One of the large banks stated that up to November 26 it had issued through its branches defence bonds free of income tax, and of which no person can hold more than 500, to the total value of £365,390. The same bank sold 463,860 of 15s unit savings certificates of the new. issue,
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https://paperspast.natlib.govt.nz/newspapers/EP19391129.2.68.5
Bibliographic details
Evening Post, Volume CXXVIII, Issue 130, 29 November 1939, Page 9
Word Count
144NATIONAL SAVINGS Evening Post, Volume CXXVIII, Issue 130, 29 November 1939, Page 9
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