THE WAR LOAN.

Hokitika Guardian, 29 August 1917, Page 1

THE WAR LOAN.

APPLICATIONS AIOUNTJNG UP

[PER PRESS ASSOCIATION. COPYRIGip’.]

WELLIN,Gi’ONj J August .28. Over one and three-quarter million sterling is now reported. There, is a steadily daily flow of subscriptions 'in eoiincctum with- ihe. loan. The total amount has now reached £1,776,000. . . There is a considerable demand for the forms by which savings hank "depositors-. authorise the transfer fVo ni their accounts to the War Loan on the Ist September. This form saves saving hank "depositors a great amount of trouble in connection with investing their money and ensures that they will lose no interest for the current, month or any money which is intended to invest in the War Loan bonds or scrip.

A well-known settler in tlie Dominion has'applied for £20,000 worth of inscribed stock. The Oamaru Harbour Board lias decided to invest £6OO of its funds in the \\'ar Loan. , As far as the- transactions through the Post Office are concerned investments in Post Office 5 per cent bonds amount to a larger sum than those in War Loan certificates, inscribed stock or treasury war bonds showing clearly the small investor fully appreciates the provision made by the Minister for Finance to meet his require meats. : ■

[Evidence is coming to hand from all parts of ,the pomini.on that Sir Joseph Ward’s letters have sirred local bodes clergy aiid school teachers into action and his secretary is being deluged with replies of a most favourable and enthusiastic nature. If good wishes and promises of support will make the War

loan a success it will certainly bo u : v<%y. marked one. ’ '

The press throughout the Dominion is supporting the loan with an unanimity unprecedented in the history of ' any former national movement in New Zealand. yL