NATIONAL SAVINGS

Evening Post, Volume CXXXIV, Issue 9, 10 July 1942, Page 3

NATIONAL SAVINGS

QUOTA SUCCESSES

Last week 87 towns, including 11 provincial centres, flew National Savings flags as having attained their national savings quotas. Under the quota system each town is allotted an amount +o be raised week by week. A definite goal is thus set for the community, and the day-by-day progress is indicated by a money-ball which rises progressively on the post offlce flag pole. When the quota is attained the National Savings flag is broken out at the masthead. The number of national savings accounts in operation (group and individual) now exceeds 300,000. NATIONAL SAVINGS STAMPS. Reference was made last evening by Mr. H. G. South, vic^-president of the Associated Boobkselle'rs of New Zealand, to the issue of 6d National Savings Stamps, to begin next Monday. He appealed to managex-s, shopkeepers, and retail stores to give the scheme "their utmost support. Many firms had agreed to keep the stamps; but as it, was virtually impossible for National Savings Committees to visit every shop, he suggested that retail firms should themselves obtain stamps and folders and posters from the Post Offlce, so that they could supply customers desiring to take part of their change in .savings stamps. A contracting supply of goods for civilian use must be offset by a corresponding contraction of spending, and the savings resulting will help the war economy and will mean much in stimulating purchases when the war was won. The shopkeepers of the Dominion could play a large and important part in this direction, and he was sure they would respond.