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RECORD NATIONAL SAVINGS

: ' " WELLINGTONj ilay 16., . The total National Saviiigs receipts for the year ended March 31 last, were £7,319,391, , a record.- Of this suiu £'462,480 . represented the saies of -national savings bonds and £6,856,811 invested in accounts, ■These figures were 'feleased by the chairman of the New Zealand National Savings Gommittee,. Mr. T. N. Smallwood, tonight. "Our objecti've ,of £6,000,000 decided upon at the beginning of the year, said Mr.; Smallwood, "has been exceeded by a substantial margin.: and this is the more creditable when it is remembered that this has been the first year when national savings has not been assisted by a major national effort such as a war loan. The previous higliest yearly figure, apart from amounts, subscribed during the war loan, was £5,000,000. The. tptal ampunt invested in National Savings since- the ineeption of the scheme nearly 64 years ago, is £47,474,463, Average weekly receij)ts during the year have been' £140,757i

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https://paperspast.natlib.govt.nz/newspapers/CHRONL19470517.2.42

Bibliographic details

Chronicle (Levin), 17 May 1947, Page 6

Word Count
156

RECORD NATIONAL SAVINGS Chronicle (Levin), 17 May 1947, Page 6

RECORD NATIONAL SAVINGS Chronicle (Levin), 17 May 1947, Page 6

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