VICTORY LOAN
£17,000 A Day Needed South Canterbury District The progress of the War Loan will have to be speeded up if South Canterbury is to maintain a position of honour on the Dominion list, as the district has dropped to seventh place. To obtain the objective set, £595,000. more than £250.000 remains to be invested during the remaintag 16 days, or about £17,000 a day, double the daily average of £B4OO invested so far this week. It is remarkable the sacrifice that some of the poorer members of the community are making. Yesterday, a widow, who is supporting herself and three children on an income of £3/10/a week, purchased two £1 bonds and apologised for her inability to purchase them from the canvassers who called on Tuesday as she was visiting in the country. To-morrow a busy day is anticipated in the monej’ order office in respect of transferring money from Post Office Savings Bank accounts into National War Savings accounts, bonds and Government stock, as no interest is lost by effecting the transfer on the first day of the month. Following are the investment percentages to date at the various offices in South Canterbury:— St. Andrews 65 Timaru 59 Geraldine 58 Temuka 54 Pleasant Point 53 Fairlie 48 Cave 47 Waimate 45 Albury 37
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/THD19450531.2.44
Bibliographic details
Timaru Herald, Volume CLVII, Issue 23215, 31 May 1945, Page 4
Word Count
216VICTORY LOAN Timaru Herald, Volume CLVII, Issue 23215, 31 May 1945, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Timaru Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.