VICTORY LOAN

Grey River Argus, 20 September 1944, Page 4

VICTORY LOAN

WEST COAST INVESTMENTS Blackball, Otira, Kumara aiid Hokitika each with 35 per their quota, were last night leafing other West Coast areas in the Vic tory Loan campaign, next being Hau hari (331 and Runanga (28). distriit total, at £116,230 represents 251 per cent, of the fl£ota. Yestei days figures were :—-Reef 0 RunWaiuta £l3; Greymouth £986, anga £510; Brunner £2O; Blackban i£B3; Moana £3l; Ahaura £5 >. £200; Hokitika £280; Ross £l6 , Hau hari £2,000; Wataroa £24, Fianz: Jose! £35; Jackson Bay nisJ The chairman of the Wertiand Dis trict War Loan Gqmmittee (M 1 F. A. Kitchingham). sald Vfaf to the co ll * l '* ll ' f the business men personal canvass 01 uit « of Greymouth during the. next lew davs Mr Kitchingham said that he Bed afl member of the business would realise the vital neSty of subscribing to the loan, without delay, to the fullest extent. If contributors so desired amounts received a S a result of the canvass would be acknowledged over 3ZR during next Saturday nights radio OF STAMPS An exhibition of postage stamps from many parts of the world, arranged so as to illustrate to some extent the course of the war, was opened in Harley and Co’s, showroom yesterday afternoon by the Mayor of Crevmouth (Mr F. A. Kitchingham). Th! Low Countries, the Baltic States, France the Vatican City and Switzerland, the Balkans, the British Empire, Japan, China, U.S.A., Poland, Russia, Germany, Italy, and Czechoslovakia are represented in the collection, and each section is mounted and has symbolic illustrations beidw it. Many of the stamps deal with very recent happenings,. and the collection is sure to be ot interest even to those who are not usually interested in stamps as such Victory Loan fyonds are on sale at the exhibition. , In opening the exhibition yesterday the Mayor referred to the stamps issued by the Japanese Government for use in conquered territories, and said that when the Japanese forces had swept down towards Australia, all would have been prepared to give to the limit for the defence oi the country. To-day the position was rather happier, but were were still asked to give as much as we humanly could to maintain the fighting forces in the field.

NEARLY £l4 MILLIONS. P.A. WELLINGTON, Sept. 19. The amount subscribed to the Victory Loan to-day was £653,111, making the total to date £13,923,624. Objective percentages obtained to date are: Southland 57, Auckland 52, Taranaki 42, Otago 42, Marlborough 40, Gisborne-East Coast 39, North Otago 35, Wanganui 34, Manawatu 33, Hawke’s Bay) 32, Wellington 31, Nelson 30, Northland, 30, Waikato-Kmg Country 28, Wairarapa 27, South Canterbury 27, Canterbury 27, Buller 26, Westland 26, Thames-Bay of Plenty 23.

HALF A MILLION INVESTORS . - WELLINGTON, Sept. 19. The National War Savings Committee which maintains a campaign all the year round, is an essential part of the current Victory Loan organisation. ' Its value in taking the appeal to the wage and salary earner can be gauged by the fact that it has formed 8200 savings groups in factories, offices and shops, states the National War Loan Committee. Though a war cannot be wholly financed from current incomes, as the war goes on a vitally important national advantage is gained by transferring into war bonds and national savings accounts as much as possible of the surplus purchasing power now so evident, thus relieving dangerous pressure on a depleted commodity market. That this surplus is great .and increasing is proved by the Government Statistician’s computation of the salaries and wages of New Zealanders. Incomes have increased in just under ten years from 72J millions to the latest total of 177 millions. These figures prove how wide is the range of prospective investors jn the Victory Loan. They should number five hundred thousand this'time if the New 1 Zealanders on the home front wish to demonstrate that their enthusiasm in backing the Navy, the Army, and the Air Force has lost none of its last year’s momentum. , ■