THE LIBERTY LOAN
Over-subscribed by One-third The time originally fixed for subscriptions to the Liberty War Loan expired on Monday evening, when it was found that the amount asked for, namely £12,000,000, had been oversubscribed one-third, the exact amount being £15,800,000 The largest single sum received was £250,000. Sir Joseph Ward / informed a Dominion reporter that the figures were not final, as some returns had still to come. He felt entitled to regard the loan as an.unqualified success. A very fine spirit had been shown throughout the Dominion, and he wished to thank warmly, on behalf of the Government, all those who had assisted publicly and privately to make the loan a success. Within a little over 12 months the people of New Zealand had subscribed over thirty millions for war purposes. This effort was simply magnificent. Sir Joseph Ward added that although the period allowed foe subscriptions to the loan had expired the Treasury would still accept sums that had been delayed for any reason.
District Investments.
SPLENDID RESPONSE. The following are the details of the chief War Loan business transacted in this district : Invested at the local branch of tbe Bank of New Zealand, £6,000 in bearer bonds. Investments at the Arrowtown Post Office, £l,BlO 123, of which sum £9OO wer& in war bonds -and £4lO 12s in certificates. Invested at the Queen3towa Post Office, £3,963 18s, made up of £2,900 P.O. war bonds and £1,0G3 18s war loan certificates.
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Bibliographic details
Lake County Press, Issue 2698, 6 September 1917, Page 4
Word Count
242THE LIBERTY LOAN Lake County Press, Issue 2698, 6 September 1917, Page 4
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