THE WAR LOAN DAY BY DAY.

Wanganui Chronicle, Volume LX, Issue 17074, 30 August 1917, Page 5

THE WAR LOAN DAY BY DAY.

THE TWO MILLION MARK

REACHED

(Per Press Association.) WELLINGTON, Aug. 29. ilt is very satisfactory to know that already tho two million mark has been reached in connection with the Loan, and returns from many other districts in which, there are large numbers of rich settlers have yet to come in. The demand for War Loan certificates still continues heavy. ,>■& weil-lniOffa business man has taken £10,000 worth of Treasury bonds. Many local bodies ar e 'deciding to invest sinking funds and other monies at their disposal in the Loan, and enquiries every day with reference to the methods by which this may be achieved are numerous. i

With reference to. the conversion cf the 19.1.6 Act war bonds, it is announced that forms of application for such conversion into inscribed stock may be obtained at any branch of the Hank of ]Se\v Zealand, on and after September 3 next.

. People m outlying districts are making a steady response to the circulars sent to them by the Right Hon. Sir Joseph Ward, and cheques and other documents are coming in daily. As this is the time when the" majority of dairy factories hold their - annual meetings, it has been suggested by a prominent citizen interested in these matters, that various dairy factory companies should consider at their annual meetings the advisability of investing any sum from £250 and upwards in the War Loan, and it is "hoped that effect will be given to this excellent suggestion.

The Treasury desire that stockbrokers who are dealing with applications for investment in. the loan in any form should send applications through'the local Post Office, and not into the Treasury direct. Any stockbroker who has not been advised from one of the main stock exchanges will please regard this paragraph as an official intimation.

In Dunedin there have been several heavy applications from individuals as distinguished from companies, the amounts ranging from £2000 to £20,000. Dunedin is noted for its patriotism, which is being clearly displayed in the matter of the War Loan.

As much, doubt seems to exist in the minds of the public with reference to matters connected with various phases of investment in the War Loan, and also with the manner in which they are affected by the provisions of the' Finance Bill with regard to both land and incom 6 tax, a special enquiry bureau has been opened in the main public office of the General Post Office, Wellington. At this office the public will receive information with regard to any point about which they are in doubt, or about which they find it necessary to enquire. It is 'proposed as speedily as possible to open similar enquiry offices in Auckland, Christchurch and Dunedin. This work has been undertaken by the I?ost Office solely for the purpose of providing the pv>blic with infonnabicvi readily available at a centre convenient to all.