AT HALF-WAY

Wanganui Chronicle, Volume 87, Issue 150, 28 June 1943, Page 4

AT HALF-WAY

THIRD LIBERTY LOAN SATISFACTORY PROGRESS

(Special) 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 those who have opened National Savings accounts. “Up to the present,” states the Minister of Finance, the Hon. Walter Nash, "our published figures have included only those who have purchased stock' and bonds for £lO or more. The number of these, however, has now risen to 41,000, but what is more pleasing is the satisfactory result, disclosed from the preliminary count of the buyers of £1 bonds and depositors to savings accounts. These amount to no less than 78,000. 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: — Stock applications 28,944 for £16,078,465; £l9O bonds, 496 for £68.635; £lO bonds 11,571 for £253,120; £1 bonds 28,110 for £55.918; National Savings accounts 55,000 for £1.021.777. These show a total of 124.121 investors for £17,477,915.”

Districts which have passed the half-way mark in reaching their objectives arc: Wellington, 59 per cent., representing £2,591,488; Auckland 54 p.c., £3.614,047; Nelson 52 p.c. £286,799; Dunedin 51 p.c. £1,274,249; Invercargill 51 p.c. £633,568. 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 in-

stance, a sub-district 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. 1 must point out, however, 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 Ne\v Zealand will respond to the call, and that when the final figures are given wc shall achieve a record both as to number of investors and the amount invested.”