NATIONAL SAVINGS IN WANGANUI

Wanganui Chronicle, Volume 86, Issue 62, 14 March 1942, Page 4

NATIONAL SAVINGS IN WANGANUI

QUOTA REACHED W ITH £3BO SIRPLCS. The National Savings quota fo.i Wanganui this week was rcacned on I'hursoay witn a surplus oi x3ou, tne cash receipts up to mid-day yesterday oeing £lB3O. inis is the 2Uih. week m succession that Wanganui has attained its quota. The total number of accounts operating in the 1 Wanganui postal district has passed the i3,oUU mark. A steady increase in new accounts is beI ing well maintained and reilects the to the recent appeals to tne citizens ot Wanganui io assist the local National pavings committee in its immediate objective oi 14,000 accounts. in National Savings alone, without the sale ol oonds, tne Wanganui district nas already subscribed 1130,600. The total amount in both National Savings ana the sale o. bonds since tne inception ot the campaign has passed the 1200,000 mai'K. The sale of National Savings bonds, particularly in regard io the £lO ano tloo denominations, has shown a marked increase .since the entry oi Japan into the war. These investments, which bear interest at 3 pei cent., juovide a means ol assisting the Dominions war eliorl by Dusiness firms, clubs and institutions wno today hold surplus funds possibly not required for the duration of the war. The recent appeal to institutions, sports bodies and others who haw accumulated funds lor building ana other purposes alter the war, is meeting with a good response. During the I past ‘l ew w eeks local investments o< this nature have come irom the Aramoho Boating Club (£25iJ), Wanganui Municipal General Labourers' industrial Union of Workers (£5O), and the Wanganui Road Transport Industrial Union (£150). Both these latter organisations have contributed almost the total amount of their available funds. It is hoped that other similar organisations, having accumulated funds, will follow the example ol these bodies in assisting the National war effort. Flag Flies at Marton. For the 21st. week in succession the “Victory" Hag was flying at the masthead on the Marton Post OJlice at 2 p.m. yesterday. On Thursday Marton was £ll6 short of its quota but as a result of an appeal in the “Chronicle” by the postmaster, the amount required was attained. Ararnoho reached its quota for the 21st. week in succession late yesterday afternoon.