National Savings
A!1 po^tal districts have now reached t *eir annual National Savings ob- .'«• *t i ves for the current financial year. 1 • :» ?s the earliest 1 0f) per eent success •'.i"ved sinee the quota scheme begail . m 1911. This vear's target of i35.12t3.2ll ( . :o"'d f)n weekly savings of 4s a house- j •'h« has now been exceeded aud this ■ v '!i(.-;t tho inclusion of war gratuity | t *"'iisfers. Over 22,900 new Nationai | t-n\:ngs aconnts have been opened > lice April 1, 1949, of whieh over 701)0 v. ere gionp accounts. Deposits for the Fame perioil reached £(500,000. in the Palmerston North postal district, deposits and saies of bonds last week wero again well in excess of rpmta requirements and amounted to 13705.".. Of this sum £3944 was invested M the Uliief Offico and Terrace End, while the moFt successful district office "was Foxton wliore £1236 was invested dnring the week. Tho annual objecti w for Apiti was reached last weok leaving only iive of the 24 district offices to Tf.ach the cjuota rerjuirempnts for the v»aied ended March 31 uext. The group m .vement continues to expand, 16 new groups haviug been formed in tho last S.v® months, '
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Bibliographic details
Chronicle (Levin), 27 September 1949, Page 5
Word Count
198National Savings Chronicle (Levin), 27 September 1949, Page 5
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