VICTORY LOAN

New Zealand Herald, Volume 82, Issue 25217, 1 June 1945, Page 6

VICTORY LOAN

AUCKLAND FIGURES TOTAL REACHES £3,650,851 1 The total amount subscribed or promised in the Auckland district to the 1945 Victory Loan of £25,000,000 is now £3,650,851, or 63 per cent of the quota. Subscriptions yesterday annum ted to £34,868 In the Auckland metropolitan area, £3,311,671 has been subscribed, , this being 61 per cent of the ob -' e^ lv ®; Following are the country i.e litres, with quota percentages, in which createst gains were made yesterday. Papakura. £20,910 (64 per cent); Pukekohe. £40,511 (61); k™ l ; £3052(60); Waiuku. £29,489 (08), Wellsford. £12.246 (57); £10,162 (57); Leigh, £o4B (06), Otahuhu. £28,495 (51). NEARLY £10,000,000 REQUIRED PROGRESS OF THE DISTRICTS (P.A.) WELLINGTON, Thursday The Reserve Bank announced tonight that the total of the 1945 Victory Loan is now £15,035,238. The cash subscnp- j tions during the day amounted to £291,677, including £32,49fci of redeemed promises. A further £9,.)00.JUU is required before the closing date, June 16. ' r The amounts and percentages. ot objectives of the 20 war loan districts are now as follows: — Wellington. £2,635,032 (72 per cent), j Southland, £826,611 (65); £3,723,342 (64); Wairarapa £240,4,2 ; (62); North Otago, £146,4-1 (61); i Taranaki, £567,433 (61); South Canterbury, £356.422 (60); Wanganui, £459.192 (59); Otago, £1,300,460 (08) ; Northland. £261,622 (58) ; Hawke s Bay £.541.448 ( 56); Gisborne-East Coast, £245,406 (56); Manawatu ; £604 229 (55); Marlborough. £l3i,iJ» (54); Waikato-King Country. £713./08 (53); Thames- Bay of Plenty. £288.120 (53); Nelson. £277,243 (53); ttestland £171.447 (51); Canterbury, £1,48/,504 (50); Bulier, £51.873 (50). SUGGESTION TO FARMERS WOOL RETENTION MONEY (P.A.) WELLINGTON. Thursday "Perhaps more than any other sec-, tion of the community, farmers value j freedom and will make any necessary : sacrifice to retain it," said Mr Mul- , hoi land, president of the New Zealand ; Farmers' Union, in an address urging: farmers' support for the Victory Loan, j To sheepfarmers. he said the Govern- j ment had decided that the 5 per cent of; the appraisal value of their wool, which in the last two years had been j paid for in negotiable bonds, would ■ this year be paid in cash. He suggested | that those farmers who did not need the cash immediately should invest it in the Victory Loan. | "1 am assured that the banks and j stock firms will be prepared to advance j the necessary money until the wool retention money is paid in about two months' time," Mr Mulholland added.