LIBERTY WAR LOAN

Evening Star, Issue 16515, 29 August 1917, Page 2

LIBERTY WAR LOAN

MONEY COMING IN STJiADILY. [Per United Peess Association.] WETJJNGTOX, August 28. There is a steady daily flow of subscriptions in connection with the War Loan. The total amount has now reached £1,776,000, There is a. considerable demand for the forms by which savings bank depositors may authorise the transfers from their accounts to the War Loan on September 1. This form saves savings bank great amount of trouble in connection with the investing of their money, and ensures that they will lose no interest for their current month on any money which it is intended to invest in War Loan bonds or scrip.

A well-known settler in, the Dominion has applied for £20,000 worth of inscribed stock.

As far as the transactions through the post office aro concerned, investments in post office 5 per cent, bonds amount to a larger sum than those in War Loan certificates, inscribed stock, or Treasury war bonds, showing clearly, that the" small investor fully appreciates* the provision made bv the Minister of Finance to meet his requirements^ Evidence is coming' to hand from all parts of the Dominion that Sir Joseph Ward's letters have stirred the local bodies, the clergy, and the school teachers into effective action, and his secretary is being deluged with replies of a most favorable and enthusiastic nature. The Press throughout the Dominion are supporting the loan with a unanimity unprecedented in the history of any former national movement in New Zealand. The members of the Wellington Commercial Travellers' Club, as the result of an active canvass within their own ranks, havo secured subscriptions to the Liberty War Loan aggregating £61,000. They confidentlv expect to increase the amount bv the end of the week to £75,000. The whole iom will be obtained from members, and will go to the Treasury free of all charges. Messrs Kempthorne, Prosser, and Co.'s New Zealand Drug Company have decided to subscribe £IO,OOO to the Government War Loan. The Kaiapoi Woollen Companv rue investing £7,500 in the War Loan, the ChiHchureh Sinking Fund Commissioners £4.030, the Tramway Sinking (Fund Oar-mhf-'ioi.ers £2,000, and the LvtetUon Borough Council '£l,ooo.