£4,000,000 OVER

New Zealand Herald, Volume 80, Issue 24633, 12 July 1943, Page 2

£4,000,000 OVER

THE LIBERTY LOAN £39,054,000 RAISED WIDESPREAD SUITOHT 419,000 SUBSCBIBEBS (P.A.) WELLINGTON, Sunday The Minister of Finance, the Hon. W, Nash, announced to-night that the Third Liberty Loan has been oversubscribed to the extent of more than £-1,000.000. the total raised being £39.051.38(5, and that the response to his appeal for the widespread support from the people had been phenomenal, the total number of subscribers being 419.763.

Mr. Nash gave the following details of the subscriptions, and mentioned that these figures are not complete as further applications in the post;, will be included:—Stock, 62,570 applications for £29.609,755; bonds, 182,193 applications for £2.063,429; national savings, at least 175,000 depositors for a total of £7,381.202.

The number of depositors to national savings accounts had not been checked, said Mr. Nash, but the Director-Gen-eral of the Post Office, in giving the figure of 175,000, stated that if anything it was on the low side.

For the purposes of the loan campaign the Dominion was divided into 18 districts, corresponding to the chief postal areas, each being given an objective. The results on a district basis, showing the percentage ol the target reached are as follows:- — Total Percentage liaised of Target Nelson .. .. £ii(is.Sl2 121 Blenheim .. 323, 1 II!* "Wellington .. 1.5.'0 117 I M vcrc.'l rui 11 .. 1 . tS(i,!l."is 111 Dnnedin .. .. 2,7K3.530 112 A nek la lid .. .. 7,1 80,107 107 (iishorne .. .. 501,000 nil Napier .. .. 1,140.5H0 90 New Plymouth .. .1,001,519 90 WariKanui .. ssi,oß2 no Ti ma rn .. .. 715,770 88 Palmerston North . 1,2-14,445 Christchurch .. 3,408,681. S3 Oflm.'iru .. .. 247,735 81 Gre.vniouth .. 3(13,032 78 West.port, .. .. 90,173 08 Hamilton .. .. 1,33(5,870 04 Thames . . . . 540,120 03 National institulions 0,900,000 Subscriptions from national institutions, such as insurance offices, have not been allocated to districts, but have been included as a separate total. On Ihe other hand national savings deposits totalling £2.250.000 have been included in the district figures.