SECOND LIBERTY LOAN
Savings Bank Doubles
Investment
The Invercargill Savings Bank has increased its subscription to the second Liberty Loan from £25,000 to £50,000. In announcing this Mr W. A. Ott, chairman of the trustees, expressed the hope that the investment would give a lead to other financial institutions and individual investors to lend as much as they were able. The Southland Farmers’ Co-opera-tive Association, Ltd., has invested £5OOO in the loan.
Yesterday 20 applications for investments in the loan were received in Southland, the amount involving being £30,200. The amount raised in the province to date is £85,900, or almost exactly a quarter of Southland’s objective for this loan, £350,000.
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https://paperspast.natlib.govt.nz/newspapers/ST19421023.2.29
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Southland Times, Issue 24882, 23 October 1942, Page 3
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111SECOND LIBERTY LOAN Southland Times, Issue 24882, 23 October 1942, Page 3
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