BRITISH NATIONAL SAVINGS
(Snceial Corro.snondent.l
Received Wednesdav. 7 p.m. LONDON. Jan. 22. Referring to im-reased withdi'awals from savings eert ilicates being caslied, Sir itarold MackintoRh, eliairman of tlie National Savings movement, said tlie target iigure of ^520,000,000 set for tliis year made allowance for savings baiik Avitljdravvals although it did not inelude jirovision for tlie cashing of savings certilicates and defence bonds. Ne\ ert heless tlie jiresent reservoir of small savings was £5.500, OOO'.OOO whieh liad been accuniulating for the past 20 years, and allhough the present rate of withdrawals liad increased, at 35 per eeirt. it was still eonsiderablv Jess than after the 1914 war when it rose to 30 jierecnt., or in 1959 wlien it was 20 per cent.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHRONL19470123.2.33
Bibliographic details
Chronicle (Levin), 23 January 1947, Page 5
Word Count
121BRITISH NATIONAL SAVINGS Chronicle (Levin), 23 January 1947, Page 5
Using This Item
NZME is the copyright owner for the Chronicle (Levin). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in