THE WAR LOAN.

Stratford Evening Post, Volume XXXI, Issue 15, 16 August 1916, Page 7

THE WAR LOAN.

Pkk Purrs ftasoouxroN. Hokitika, August 15. j The chairman of the Westland County Council is submitting a proposal to the staff to arrange to take : up any amount required in war loan j certificates, the staff to repay at the ■ rate of live per cent, per month on | the capital sum for sixteen months, the certificates to be held by the coun- . cil til! the principal advanced is paid 'off, when the certificates will become the property of the contributing owner. It is suggested that this would he a helpful way of placing a large amount of the loan in the Dominion if it. via< generally taken up by local bodies to assist their employees. i Danneviike, August 15. j The Uannevirko Chamber ot Commerce approved the action ol the National Government in floating a war loan, and expressed the desire to give every assistance and to stimulate investment in the district. It was decided to invite Sir Joseph Ward to address a meeting in Dannevirke in support of the loan. Members undertook to attend meetings in the country districts to explain the provisions. Auckland, August 15.

The directors of the South British Insurance Company have resolved to apply for £IOO,OOO oi the New Zealand War Loan. Wellington, August 15 The Executive Council of the Amalgamated Railwaymeu’s Society has decided to invest £IOOO of the Society’s funds in the War Loan. The Wellington Post Office reports there has been a good .response by small investors to the invitation to subscribe to the war loan. Since Eri | day, as the details of the loan hocam* better known, each day’s record of business has shown an increase. Generally speaking, the small investor that is up to £SO for the live years period, makes application to the post office, List the banks also report en courag ng enquiries on the part o 1 clients', both for largo and sinal' amounts.