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WAR SAVINGS DRIVE

ENCOURAGING START FOR NEW YEAR WANGANUI DISTRICT QUOTA Seven offices in the Wanganui postal district obtained • their National Savings quotas when the campaign was resumed last week after the Christmas and New Year holidays. This is considered an encouraging start for 1943, but it was stated that a greater effort, particularly with sales of 3 per cent. War Bonds, was required. Wanganui city experienced a close call and if it had not,, been for the, generosity of a well-known professional man, who found the balance of the quota required, the city would not have been able to hoist its pennant for the 65th week in succession. Five investors were responsible for almost half the £1450 required. “This indicates that the enthusiasm engendered in the campaign last year has not yet been revived,” said the district organiser, Mr. J. Gillick, yesterday., National Savings accounts opened is the district totalled 15,000, but only 1635 accounts, representing about 10.5 per cent, were made active last week. “Of the total investments, 1080 were made in the Wanganui city area,” Mr. Gillick added. “Of these, 910 came from regular group savers, leaving a balance of only 166 individual investors who contributed toward the city’s splendid record in this essential phase of our war effort.” Cash receipts for the district during the week totalled £2906, which was £94 short of the district quota of £3OOO. The Wanganui city and suburban area, including Aramoho and Castlecliff, obtained £1760. The city quota of £1450 was over-subscribed by only £53. Sales of 3 per cent. War Bonds realised £485. “As this form of investment forms an important phase of the weekly quota it is necessary that the sale of these securities should be considerably increased,” said Mr. Gillick. Offices in the Wanganui district which succeeded in obtaining their quotas were:—Hunterville (68 successive weeks); Aramoho and Marton (66); Wanganui (65); Patea (46 weeks); Waverley (39 weeks); Turakina (24 weeks). Taihape failed by £7O to reach its objective of £196. DOMINION SUCCESSES HUNTERVILLE’S HIGH PLACE (Special.) Wellington, Jan. 26. For the week ended January 23, following a resumption of National Savings activities after the holidays, 67 towns attained their National Savings quotas. Six provincial centres were successful, namely, Gisborne, Invercargill, Napier, New Plymouth, Wanganui, and Westport. In point of numbers pride of place for the week is held by the ‘ Canterbury district, with 12 successes. Second place goes to Taranaki with ninw successes. The latter, however, is the highest on a percentage basis. Nine places still record an unbroken series of successes since the inception of the quota scheme in October, 1941. These are New Plymouth, Ashburton. Hawera, Kaikoura, Hunterville, Hawarden, Cheviot, Urenui, and Weber.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19430127.2.40

Bibliographic details

Wanganui Chronicle, Volume 87, Issue 21, 27 January 1943, Page 4

Word Count
447

WAR SAVINGS DRIVE Wanganui Chronicle, Volume 87, Issue 21, 27 January 1943, Page 4

WAR SAVINGS DRIVE Wanganui Chronicle, Volume 87, Issue 21, 27 January 1943, Page 4

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