THIRD LIBERTY LOAN

Timaru Herald, Volume CLIII, Issue 22620, 28 June 1943, Page 4

THIRD LIBERTY LOAN

; Nearly Half Subscribed Small Investors Giving Good Support IN.Z.P.A.i WELLINGTON. June 27. Liberty Loan figures completed to Saturday show a highly satisfactory total of investors. who number 124.121, after giving credit to subscribers of £1 bonds and tbo.se who have opened i national savings accounts. "Up to the present.” said the Minister ol Finance (the Hon. W. Nash), "our published figures have included only those who have purchased stock and bonds tor £lO or more. The number of these has now risen to 41,000. but what is more pleasing is the satisfactory result from the preliminary count of the buyers of £1 bonds and depositors to savings acounts. These amount to no less than 18.000. and the list is still incomplete as it has not been possible to check through the large number of deposit slips received.” The following is a summary to date: Applications. Total. £ Stock 28.944 16,078,465 £lOO Bonds .... 496 68.635 £lO Bonds .. .. 11.571 253,120 £1 Bonds 28.100 55,918 National Savings Accounts .. 55,000 1,021.777 Total .. 124,121 £17,477,915 Districts which have passed the halfway mark in reaching their objectives are:— Per cent. Total. Wellington 59 £2,591,488 Auckland 54 £3,614,047 Nelson 52 £286,799 Dunedin 51 £1,274,249 Invercargill 51 £663,568 National institutions have subscribed £4,660,000. “The result is excellent,” continued Mr Nash, “and we are looking forward to records being broken in the coming week. Masterton, for Instance, a subdistrict of Wellington, has raised 80 per cent of its quota. We are particularly looking forward to some of the city and district areas reaching their quota during the week. I must points out that in three weeks we have raised approximately half the loan, leaving a similar amount to be secured in two weeks. We must not let up. Everyone who has not subscribed should do so and subscribe to the limit, while some of those who have already done so may be able to do more. I am sure New Zealand will respond to the call, and that when the final figures are given we shall achieve a record both as to numbers of investors and the amount invested.” _____