VICTORY LOAN

Greymouth Evening Star, 12 September 1944, Page 2

VICTORY LOAN

NEARING £ 10,000,000

WELLINGTON, September 11. The amount subscribed to the Victory Loan to-day was £452,097, making the total to date £9,739,829. Objective percentages obtained to date are as follow:—Southland district 50 per cent.; Auckland, 45; Taranaki, 33; Otago, Marlborough, both 29; Wanganui, North Otago, both 24; Manawatu, Hawke’s Bay, Gisborne, East Coast, all 22; Nelson, Wellington, both 21; Waikato-King Country, North Auckland, Westland, all 20; South Canterbury, Buller, Wairarapa, all 19; Canterbury, 18; Thames-Bay of Plenty, 17. FARMERS’ OBLIGATIONS WELLINGTON, September 11. “The Victory Loan investment obligation involves a call not only on a proportion of our current incomes, but a pledging of capital resources,” says rhe National War Loan Committee. ■'“From these aspects, how well can the farming community re.pond? • 1 . “The answer is that they can be expected to do as they have done with the call to maximum production —extend themselves to the limit.

“Farming is the Dominion’s greatest industry. Therefore, it can be justifiably assumed that a very large part of the £257,000,000 of private income last year went into the pockets of the men on the land. They should, therefore, on this ground alone be fairly asked to invest well in. the Victory Loan. The community’s income is more than double that of the pre-war period, and future prospects for primary production nave been wonderfully assured by the United Kingdom’s undertaking to purchase New Zealand’s meat and dairy products for the next four years on an enhanced price basis. “With prosperity to-day, and an assured future, our farmers should have no _ anxiety over investment to the full in the Victory Loan, putting their full weight into the financial light in the same way as they back the home-front effort for Britain’s food supply.” WESTLAND FIGURES Investments in«the Victory Loan in the Westland district yesterday totalled £4,775, bringing the district total to £90,875, 20 per’ cent, of the objective of £456,000. Ikamatua and Blackball made outstanding increases in their, investments yesterday, each gaining an additional six per cent, of its objective. Investments at the various offices were: Greymouth, £2,403; Blackball, £1,038; Ikamatua, £525: Reefton, £254; Brunnerton, £201: Fox Glacier, £156; Wataroa, £100: Hokitika, £80; Harihari, £10; Ross £7; Otira £6, Waiuta £l.