SOME HEAVY SUBSCRIPTIONS

Dominion, Volume 10, Issue 3180, 3 September 1917, Page 6

SOME HEAVY SUBSCRIPTIONS

PRACTICALLY FOUB MILLIONS ALREADY KNOWN. A very large number of investments in tho Liberty Loan wero received un Friday and. Saturday, and the amount now '.known at lioklquai-te®} in AVellington roaches „<!3,961,000. This includes several further large contributions: one firm in Auckland iilone contributing .£50,000, a Wellington firm .£50,000, a racing club JiIO.OOO, and an insurance oliico ,£60,000. A heavy demand has set in for War Loan Certificates, at Wellington. On Friday morning no less than five separate tellers were ongaged in selling War Certificates and Bonds to tho public. Every facility is being afforded, and an officer has been specially detailed to show tho public to tho counters at which sale 3 are being made, in addition to tho spocial officer who answers' all the inquiries. Without closing down its ordinary business, tho Wellington ofhee cannot offer any greater facilities than now exist to cope with the tremendous rusli of work.

The Marlborough Chamber of Commerce has offered to tho children of the schools ten War Loan Certificates as prizes for the ten best essays,upon "Why must, tho present War Loan bo supported to tho utmost of our ability?" The competition is open to any scholar attending any school in Marlborough. Essays are to be written in school liours, under supervision of teachers. Friendly societies still continue to respond well to the appeal. The Grand Lodge of Oddfellows in Dunedin is investing .£IOOO, and the Palmerston North Friendly Societies' Dispensary <£320!, which is all the cash they have available.

As was anticipated, the great rush for investment in the Wor Loan is coming at the last moment, and if the business today is anything likn m proportion it would sewn that the Minister of Finance will have every reason to be pleased with the manner in which all classes of tho public havo responded to his appeal ior cash.

AUCKLAND'S CONTRIBUTION, X 1,158,000. By Telezraph—Press Association. Auckland, September 2. Auckland's total contributions to the War Loan- to date are estimated at .£1,158,000, of which .£37,300 passed through the Post Office, BUSINESS IN CHUISTCHUECH. By Telegraph.—Press dissociation. Christchurch, September 1. The General Post Office was crowded all the morning witii applicants for War Loan stock. Following aro details of the Loan business transacted: —At Cliristoliurch Post Office to-day. ii per cent, loan, ,E45,340; War Loan certificates, •£lut>i; for late delivery, .£7425; Post Office war bonds, 14,800. Tho largest individual contributions to-day were £10,000, and The directors of the New Zealand Refrigerating Company decided to invest .£31,400 in. the WaiLoan. The amount represents the whole of the premium payable by shareholders on tho new issue of shares. The Christchurch Tramway Board has subscribed .£2BOO to tho loan. The Commercial Travellers' and Warehousemen's Association subscriptions to the War Loan to date total .£103,390.

INVERCARGILL SUBSCRIPTIONS. By Telegraph—Press Association. Invercargill, Soptemlrar 1. Additional lnvcrcargill investments ■decided on to-day were—Bluff Harbour Board, .£5000; Invorcargill borough Council, .£5000; Invercargill Saleyards. Company, 3Tl®o; Amalgamated Society of Railway Servants, all funds accumulated since investment in the last War Loan. Besides these, a private individual to-day invested -ESOOO, another JCIOOO, and a local firm .£2OOO. Investments through the Invercargill banks now total .£36,000, while Southlands postal total without to-day s country business is ovor £115,000. Business was veiy brisk to-day, and bankers have word of further large investments coming on Monday.

Tho direotors of' the Wairarapa Farmers' Co-operative Association have taken up .£IO,OOO in the War Loan. The Masterton Foresters' and Druids Lodges have each taken

The Kaitieko County Council, ft its monthly meeting on- Saturday, . agreed to invest ,£3OOO hypothecated thirds in tho War Loan.—Press Association,