THE WAR LOAN

Dominion, Volume 9, Issue 2860, 26 August 1916, Page 10

THE WAR LOAN

SALE OF CERTIFICATES

HALF-A-MILLION PAID INTO

THE TREASURY

WELLINGTON IN THE VAN

Tlie sum of £500,000 was paid liy the General Post Office authorities to the Treasury yesterday on account of war loan certificates sold. As the bulk of this big- sum lias been received in small amounts, the result i.s considered quite satisfactory, particularly as tho demand is being well- sustained from day to day.

An inquiry was made yesterday as to whether the withdrawals from' the P.O. Savings Bank for re-investment in certificates had been abnormal. The reply was that the withdrawals from the bank had during the past tortnight bee\i a little heavier than usual, but they were by no means abnormal. It was anticipated that there would be a noticeable movement in Savings Hank deposits after the end of the month. ■ Self-Reliance Urged. The public are reminded that wai loan will still be on sain lor some time at all Money Order Offices throughout New Zealand. The fact that the Domkion loan was so successfully floated should' not influence those who are able to assist by purchasing these certificates. In all, sixteen millions sterling is required for the purposes of the war, and although it was originally only proposed to raise half the sum in New Zealand every £1 additional'that is raised in war certificates will bo £1 less to bo raised abroad, and will so help the Dominion in its self-reliant policy. It is hoped that all -those who liavo not yet taken up onrf or more certificates will speedily do so. The great strength of the French finance lies in the fact that the people generally liavo a share in the State bonds, which' arc held in small quantities by all sorts and conditions of men. All those who cannot help the war by going personally into the battlefield can at least do something in the matter of finding the money required to bring it to. a successful issue. If sbmo enthusiast in every fa-story, every. store, and every shop who has the good of his country at heart would voluntarily take on the duties of canvassing his fellow employees to purchase war certificates, ho would he doing a good work and prevent- the indifferent, who would otherwise neglect to subscribe, from overlooking their duty in this matter. An ndvertjl'-ement in this connection appears elsewhere in this issue. 1 An Interesting Return. 'Hie following return, which will be found of interest, shows the extent to which war loan certificates (as distinct from bonds) have been taken up between August 11 and 23. Each name represents a postal district, and is not restricted to the town named: —

£ s. d. . Auckland 61,455 12 0 Blenheim 5.982 12 0 Christcliiireh ... 08,163 4 0 Dunetliii 61,342 0' 0 ftisborno 7,804 0 0 .Grovinouth ... 0,431 4 0 Hokitika 3,1.41 12 0 , Invercargill ... 27,376 0 0 Napier 23,727 4 0 Nelson 15,847 1.4 0 .\W Plymouth 10,135 4 0 Oamarn 6,592 0 0 Thames 7,504 8 0 Tirmmi 15.7.16 0 0 Wiiiisamii '25.630 0 0 . AVellinRton ... 108.104 10 0 . AVestport 4,033 12 0 £-108,503 2 0