NATIONAL SAVINGS

Evening Post, Volume CXXXVIII, Issue 136, 6 December 1944, Page 4

NATIONAL SAVINGS

WELLINGTON FALLING BACK

Reviewing .National Savings investments over recent weeks, Mr. J. M. A. Ilott, chairman of the Wellington National War Savings Committee, said today that without taking into account accrued surpluses from previous periods, Wellington has fallen short of its weekly quota of £8500 in three consecutive weeks. This break in its record of full attainment caused the committee some concern. The chairman said that the number of National Savings depositors in the Wellington district had increased by 6716 during the 12 months ended November 30. Investments in 3 per cent. National Savings accounts in Wellington i n the same period totalled £998,014, an increase of 24 per cent. | compared with the same period last i year. "It is most gratifying to note," continued Mr. Ilott, "that Wellington district purchasers of 3 per cent, fiveyear bonds have also invested no less than £733,669 during the 12 months ended November 30. This represents an increase of 145 per cent, in comparison with last year's figures." Mr. Ilott emphasised that it still behoves every citizen to divert to the service of the State every shilling that can be saved from current income. "The committee." said Mr. Ilott, "looks with confidence to the public to help maintain Wellington's record of repeatedly reaching its quota of £8500 per week."